Bitcoin miners will struggle to survive the next ‘halving’ event amid electricity costs, debt payments

Open link in next tab

Bitcoin miners will struggle to survive the next ‘halving’ event amid electricity costs, debt payments

https://fortune.com/2023/07/08/bitcoin-miners-will-struggle-to-survive-halving-electricity-costs-debt-payments/

Miners’ production costs have risen in tandem with electricity prices, and debt burdens have become unsustainable for many.

Bitcoin miners will struggle to survive the next ‘halving’ event amid electricity costs, debt payments

This is good for Bitcoin for... Reasons.