Bitcoin Halving Will Be Litmus Test for Inefficient Operations: Mining Executives

Major mining companies to wait for THE Bitcoin reduce by half has reduce profitability And cause A increase In network costs, which could challenge THE existence of less effective minors.

Bitcoin Reduce by half

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THE Bitcoin reduce by half will likely satisfy ravaged on little, less effective Bitcoin minors but should be No issue For well established players, according to has industry frames.

In below A month, Bitcoin minors confront THE reality of reduced block rewards, which East anticipated has significantly impact profitability And income. Bitcoin mining CEO say Cointelegraph that THE efficiency And ladder of mining operations will be critically important as companies climb For A share of THE reduced rewards.

Marathon Digital, considered A of THE the biggest mining companies In North America, East among THE players that to have long has been planning For THE reduce by half. THE the company chief growth officer Adam Swick tell Cointelegraph THE reduce by half will be A test has reveal THE most effective And well financed entities.

"While THE immediate effect East reduced rewards...