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Influential crypto voices have warned the bitcoin halving could trigger a "raging firesale" bitcoin price crash...
Bitcoin miners are preparing for the upcoming halving event, projected to take place on April 20. The CEOs of Riot Platforms and Marathon Digital shared insights on their strategies exclusively with Benzinga. "The Halving immediately cuts revenue in half while doubling costs for miners," Riot CEO Jason Les said. "Depending on your power cost and machine efficiency, some miners will be uneconomic and will be forced to shut off, decreasing network hash rate by at least 5% and possibly more depending on the trend for BTC prices."
Bitcoin mining hardware firm Auradine has raised $80 million in its Series B funding round to improve capacity ahead of surging demand. In a recent statement,…
Auradine, a tech startup specializing in web infrastructure and cryptocurrency mining hardware and software solutions, announced the successful completion of a Series B funding round worth $80 million on April 10.
* Crypto stocks fall mirroring bitcoin prices ...