By CryptoNews - 8 months ago - Reading Time: 1 minutes
Bitcoin Hashrate to Drop by 20% After Next Halving Event: JPMorgan
JPMorgan has predicted a potential 20% drop in the Bitcoin (BTC) Network Hashrate following the next halving event scheduled for April 2024."We estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April '24) as less-efficient hardware is decommissioned," the report said.
The Bitcoin halving occurs every four years and involves a halving of rewards for Bitcoin miners. ...
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Original source: CryptoNews