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It is expected that out of the 13 Bitcoin miners, only 2 will be able to remain profitable after the halving

It is expected that out of the 13 Bitcoin miners, only 2 will be able to remain profitable after the halving

2024/01/26 09:48

Financial company Cantor Fitzgerald warns that 11 major listed Bitcoin mining companies will face losses after the Bitcoin halving event. Argo Blockchain and Hut 8 Mining are expected to face high halving costs, exceeding $60,000 per Bitcoin.

Meanwhile, Bitdeer and CleanSpark are expected to be the only profitable mining companies, at $17,774 and $36,896 per Bitcoin respectively.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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