Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan

The bank estimates that a 1 cent per kilowatt hour (kWh) change in the electricity cost could cause a $4,300 change in the bitcoin production cost. After halving, this sensitivity would double to $8,600, thereby “increasing the vulnerability of higher cost producers.”

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• Source: https://www.coindesk.com/business/2023/07/17/next-bitcoin-halving-event-could-be-a-stress-test-for-miners-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines