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News Explorer — JPMorgan Analysts Say Publicly Traded Bitcoin Mining Firms Will Benefit From the Halving

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Feb 29, 4:50 pm
Blockworks

JPMorgan Analysts Say Publicly Traded Bitcoin Mining Firms Will Benefit From the Halving

According to JPMorgan analysts, publicly traded bitcoin miners are expected to benefit from the upcoming halving event. The analysts predict that the concentration of bitcoin miners will increase after the halving, and publicly traded miners will have an advantage. They believe that the bitcoin network could experience a 20% drop in hashrate post-halving, leading to a decrease in production costs. Publicly listed miners have access to equity markets and have been raising capital to purchase more efficient mining rigs.

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