Bitcoin Miners Must Optimize to Survive

Bitcoin Miners Must Optimize to Survive

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Source: Coindesk.com

On or around April 19, the fourth Bitcoin halving will take place, cutting in half the rewards miners receive for solving a block on the Bitcoin blockchain. The halving event is programmed into Bitcoin's protocol every 210,000 blocks and occurs roughly every four years. It is designed to limit the digital asset’s total supply and establish a fundamental scarcity. Therefore, efficiency

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The post "Bitcoin Miners Must Optimize to Survive" appeared first here Coindesk.com.

Source: Coindesk.com

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