David Pan / Bloomberg:
Bitcoin’s next halving, set for around April 20, will cut miners’ validating transactions to 450 from 900 now, costing the industry ~$10B in annual revenue — – Cryptocurrency’s update will slash new supply in late April — Competition for favorable electric rates growing from AI firms
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The post Bitcoin’s next halving, set for around April 20, will cut miners’ validating transactions to 450 from 900 now, costing the industry ~$10B in annual revenue (David Pan/Bloomberg) appeared first on WorldNewsEra.