The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings. Coin Metrics’ new report reveals […]
Source link
Bitcoin Miners Hit ‘Shutdown Prices’ as Profitability Slumps to Multi-Month Low
Older and mid‑range mining rigs like the Antminer S19 XP+ Hydro, Whatsminer M60S and Avalon A1466I have reportedly already crossed...






