Lucy Hu, a senior analyst at Metalpha, told CoinDesk that the new peak in mining difficulty, driven by the recent price surge and the halving’s proximity, will lead to the dominance of advanced rigs like the Antminer S21, benefiting firms with the latest equipment.
Related posts
-
Ethereum ICO Participant Offloads 6,000 ETH As Bearish Sentiment Intensifies
According to data from CoinMarketCap, the price of Ethereum slipped by 10.23% over the last seven... -
Bitcoin Cash: Empowering Merchants and Boosting Adoption in Bitcoin Cash City
Bitcoin Cash (BCH) has emerged as a popular cryptocurrency, offering fast and low-cost transactions. In the... -
Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable?
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the...