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Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say. "The block reward halving tends to 'shake-out' the weaker mining operations," Simon Peters, analyst for trading company eToro, told AFP.
Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.
Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say."The block reward halving tends to 'shake-out' the weaker mining operations," Simon Peters, analyst for trading company eToro, told AFP. "Unfortunately for some, with the lower block reward received it no longer becomes profitable to mine bitcoin and the operation shuts down or gets acquired by a larger rival."
Hut 8 Mining Corp. (NASDAQ:HUT) Q4 2023 Earnings Call Transcript March 29, 2024 Hut 8 Mining Corp. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon 2023 Financial Results Conference Call. [Operator Instructions] Please note that this event is […]
Operator: Good afternoon 2023 Financial Results Conference Call. [Operator Instructions] Please note that this event is being recorded and a transcript will be available on Hut 8's website.