BTC Halving Forces Crypto Miners to Be Proactive to Maintain Their Competitive Positions: Fidelity Digital Assets

โ€œThey must constantly push to acquire more hashrate as well as increase the efficiency of their hashrate, acquire lower-cost energy from cheaper sources, and expand their infrastructure to house any new machines,โ€ Gray wrote. At the same time, every other miner is also bidding for the same resources.

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