During bull markets, Bitcoin miners around the world happily watch their profit margins increasing faster than the difficulty can keep up. Of course, things aren’t always so nice.
What happens to old hardware and how it might remain relevant? What are the expectations for total network hashrate levels before and after the halving? That and more in today's article.
With the global economy reeling from the coronavirus epidemic and traditional markets like stocks and commodities exhibiting the kind of volatility that Bitcoin has long been criticized for, this halving is shaping up to be the most interesting yet.