Tag: Halving

  • Galaxy analysts: 20% drop in Bitcoin’s hash rate coming following halving

    Galaxy Digital analysts forecast a potential reduction of 20% in network hash rate due to the impending Bitcoin halving in April. The analysts predict that the halving will affect eight specific mining machine models, dropping the network’s hash rate. The halving will decrease per-block mining rewards from 6.25 to 3.125 bitcoin, prompting miners to seek…

  • Bitcoin 'Stronger’ Ahead of Halving: Grayscale

    “Historically, block rewards have introduced potential sell pressure to the market, with the possibility that all newly mined bitcoin could be sold, impacting prices,” Zhao wrote. “Currently, 6.25 bitcoin mined per block equates to approximately $14 billion annually (assuming bitcoin price is $43K).” Bitcoin 'Stronger’ Ahead of Halving: Grayscale