The Impact of Bitcoin’s Latest Halving: Miners’ Profits Sharply Reduced, Coin Price Must Stay Above 80,000
Anticipating a decline in revenue, global mining operations have been undergoing strategic adjustments. Without these adjustments, miners would have to rely entirely on the market value of Bitcoin to sustain their operations. According to CryptoQuant CEO Ki Young Ju, the price of Bitcoin must stay above $80,000 to maintain economic viability under the new reward structure. However, his argument is based on data from American miners and may differ from the global reality.
