Looks like JP Morgan is still trying to predict the crypto market. This time they are specifically talking about BTC's hashrate and how the halving will come with a hashrate drop off of a predicted 20%. The report goes on to say that mining facilities are not created equal and that many factors, including the introduction of faster and more efficient miners(ASICS), play into this guesstimate. I think we all know deep down the the halving will be the death of a generation of.miners, while breathing life to a new generation. [link] [comments] |
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