Although chip efficiency has rapidly improved in recent years as demand for bitcoin has picked up, the latest halving event on April 20, which cut the issuance of new bitcoin by 50%, adds even more importance for faster mining speed, as well as lower costs and enhances reliability, Butterfill said.
Related posts
-
Is It Too Late to Buy Bitcoin? Robert Kiyosaki Says No—Warns of Looming Financial Crash
Is it too late for bitcoin? Robert Kiyosaki signals urgency, pointing to bitcoin, gold, and silver... -
Bouncing Lows, Mining Woes, and Fartcoin Highs
Last week was marked by bitcoin’s resilience and worries... -
Microsoft says ‘no’ to Bitcoin, corporates say ‘bring it on’
Microsoft shareholders nixed a Bitcoin treasury idea, but other big-name companies disagree with this strategy. Here’s...