April 29, 2024

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Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving

1 min read
Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving
Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin HalvingFollowing the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a daily basis. Should the prices remain low leading up to the forthcoming halving event scheduled for next week, certain mining devices may only be viable […]