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Block Reward Cut: Miners Must Stake Bitcoin, Plug into Depins to Offset Revenue Loss
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Block Reward Cut: Miners Must Stake Bitcoin, Plug into Depins to Offset Revenue Loss

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Block Reward Cut: Miners Must Stake Bitcoin, Plug into Depins to Offset Revenue Loss
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Source: Bitcoin.com

Block Reward Cut: Miners Must Stake Bitcoin, Plug into Depins to Offset Revenue LossAccording to one expert, bitcoin currently needs to trade above $55,000 for miners to break even and $94,000 for them to return to profitability levels seen before the halving. To compensate for the revenue loss caused by the halving of Bitcoin’s block reward, miners are resorting to mergers or hostile takeover of rivals. Others have […]

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Author: Terence Zimwara

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