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Securities Times: Bitcoin's official halving accelerates the internal strife among miners

Securities Times: Bitcoin's official halving accelerates the internal strife among miners

2024/04/20 02:05

According to an analysis by the Securities Times, Bitcoin's official halving has accelerated the internal strife among miners. It is understood that because there is a cap on the amount of Bitcoin produced within a certain period of time, in other words, the more computing power a miner has, the larger their share of rewards. Marathon Digital Holdings, CleanSpark and other miners compete for fixed Bitcoin rewards by using supercomputers to solve mathematical problems. They have invested in new equipment this year and sought to acquire smaller competitors in an attempt to mitigate the impact of declining revenues.

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