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On January 29th, a recent report by Cantor Fitzgerald pointed out that the upcoming Bitcoin halving event will pose significant challenges to the Bitcoin mining industry.
Cantor analysts predict, assuming an average Bitcoin price of $40,000 and stable hash rate, BitDeer benefits from high cost efficiency, with an estimated mining cost of $17,744, lower than its industry counterparts. Therefore, it can be anticipated that BitDeer will maintain its profitability after the Bitcoin halving and is poised to lead industry development with its competitive advantages. |
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