According to a recent report by Cantor Fitzgerald, 11 mining companies, including Bitfarms (BITF), Marathon Digital (MARA) and Riot Platforms (RIOT), would struggle to make a profit post Bitcoin halving in April 2024
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According to a recent report by Cantor Fitzgerald, 11 mining companies, including Bitfarms (BITF), Marathon Digital (MARA) and Riot Platforms (RIOT), would struggle to make a profit post Bitcoin halving in April 2024
I hope so. Maybe they'll have to downsize. Maybe there will be smaller players spread out throughout the world. That's somehow a bad thing?
I don't know if it's positive or negative, that's why I decided to ask the stackers, but it seems like they're not very interested. It must be because it's not a problem at all.