Should the market experience favorable momentum due to Bitcoin ETF approvals and increased engagement from institutional players, miners would attain sufficient 'margin room' for the 2024 halving, Bernstein outlined.
What’s the Cost to Mine 1 BTC for Top Bitcoin Miners? Bernstein ClarifiesShould the market experience favorable momentum due to Bitcoin ETF approvals and increased engagement from institutional players, miners would attain sufficient “margin room” for the 2024 halving, Bernstein outlined.
The brokerage firm’s latest report weighs in on how large miners are poised to reap substantial benefits from such a growing trend.The report suggests that the 16 largest publicly listed mining firms collectively contributed to 16% of the overall mined BTC. The collective mining capacity of the companies was found to be at 72 exahashes per second and is expected to amplify the capacity by 182% within the upcoming 2-3 years.
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