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
-
Latam Insights: El Salvador Boasts Bitcoin Success, Binance Gets Crucial Greenlight in Brazil
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin... -
Analyst Reveal Bitcoin Key Support Levels Amidst Rebound Challenge
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While... -
Chile Quiere Bitcoin: Legislators Rally Around Strategic Bitcoin Reserve Proposal
Legislators in Chile are preparing to support the creation of a bitcoin bench in Congress to...