Bitcoin
$51,218.15
-387.53
Ethereum
$2,944.23
-45.39
Litecoin
$68.29
-0.86
DigitalCash
$29.32
-1.04
Monero
$123.86
+1.36
Nxt
$0.00
0
Ethereum Classic
$25.71
-0.35
Dogecoin
$0.08
-0

Will the Bitcoin Halving Cause Another BTC Price Hype Cycle?

0

In fact, the current bitcoin mining difficulty is at historic highs, with computing power jumping over 100% in 2023. CoinShares predicts this to fall off after the halving with a “miner exodus.” The company also said the “average cost of production per coin” could normalize at just under $38,000 post-halving, given the complicated interrelation between hardware and electricity costs, difficulty levels and the cost structures that determine whether certain miners are making or losing money, which determines how many miners are on the network.

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

You have not selected any currencies to display
WP2Social Auto Publish Powered By : XYZScripts.com