Riot, TeraWulf and CleanSpark miners best positioned to halve Bitcoin – CoinShares
Coin Shares projects THE average cost of production For crypto minors after the halving has $37,856 by Bitcoin.
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Bitcoin mining companies Riot, TeraWulf, And CleanSpark are THE best placed In THE industry has handle THE significant cost increase expected following THE Bitcoin reduce by half event In April, according to has analysis by active director CoinShares.
As A result of reduce by half, Coin Shares predicted that THE cost of production And species costs will increase Since approximately $16,800 And $25,000 by Bitcoin In THE third quarter of 2023 has $27,900 And $37,800, respectively. THE average cost of production after the halving For crypto minors East projected has be $37,856.
>
Average
cost
of
production
by
Bitcoin
after the halving
through
minors.
Source:
CoinSharesTHE reduce by half reduced THE block reward given has minors by half, Thus to slow down down THE rate of new Bitcoin creation as part of THE network provide control deflationary policy. THE following reduce by half, estimated has take place In April 2024, will reduce THE Bitcoin block reward has 3.125 BTC. THE cost of mining, However, remains THE even Or can even increase due has minors expansion of operations has stay profitable.
"[...] We think Riot, TeraWulf And clean spark are best positioned while going In THE reduce by half. A of THE main problems minors to have East big SG&A [sale, general, And administrative expenses] costs. For minors has to break even, THE reduce by half will likely force them has cut SG&A costs, Otherwise they could continue has run has A Operating loss And having has seaside resort has liquidation their HODL sales And other current assets."
...
Coin Shares projects THE average cost of production For crypto minors after the halving has $37,856 by Bitcoin.
News
Join
We
on
social
networks
Bitcoin mining companies Riot, TeraWulf, And CleanSpark are THE best placed In THE industry has handle THE significant cost increase expected following THE Bitcoin reduce by half event In April, according to has analysis by active director CoinShares.
As A result of reduce by half, Coin Shares predicted that THE cost of production And species costs will increase Since approximately $16,800 And $25,000 by Bitcoin In THE third quarter of 2023 has $27,900 And $37,800, respectively. THE average cost of production after the halving For crypto minors East projected has be $37,856.
>
Average
cost
of
production
by
Bitcoin
after the halving
through
minors.
Source:
CoinSharesTHE reduce by half reduced THE block reward given has minors by half, Thus to slow down down THE rate of new Bitcoin creation as part of THE network provide control deflationary policy. THE following reduce by half, estimated has take place In April 2024, will reduce THE Bitcoin block reward has 3.125 BTC. THE cost of mining, However, remains THE even Or can even increase due has minors expansion of operations has stay profitable.
"[...] We think Riot, TeraWulf And clean spark are best positioned while going In THE reduce by half. A of THE main problems minors to have East big SG&A [sale, general, And administrative expenses] costs. For minors has to break even, THE reduce by half will likely force them has cut SG&A costs, Otherwise they could continue has run has A Operating loss And having has seaside resort has liquidation their HODL sales And other current assets."
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