4 Reasons the Bitcoin Halving Won’t Trigger a Big ‘Miner Capitulation’

Cheaper electricity in China & less demand for energy worldwide

China reportedly comprises roughly 65% of all Bitcoin computing power, according to the latest data.

Weaker currencies result in lower operational costs

According to Whit Gibbs, CEO at Hashr8, the decline of the ruble’s value may affect mining centers based in Russia.

Bitcoin mining difficulty adjustment

When the number of miners mining Bitcoin declines as a result of low price and fewer block rewards after the halving, the difficulty of mining BTC automatically adjusts to maintain a steady block interval.

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