Tuesday, April 16, 2024



Currently, the miners receive 6.25 BTC per block. The halving, a quadrennial event due in April, will reduce that figure to 3.125 BTC, cutting per-block revenue by 50%. To improve profitability, miners may be using their stored BTC to buy more efficient equipment so that running costs drop, said FRNT Financial, a crypto platform based in Toronto.



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#Crypto #Miners #Selling #Bitcoin #Reward #Halving #Looms #Blockchain #Data #Show

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