Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves

Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves

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Source: Coindesk.com

Bitcoin hashrate and difficulty may fall during the North American summer months as miners curtail some of their operations. Lower competition may provide some reprieve to miners who are already facing a profit squeeze due to the halving event, which reduced Bitcoin mining rewards by 50%.

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The post "Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves" appeared first here Coindesk.com.

Source: Coindesk.com

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