Bitcoin Miners Look Beyond Halving: Network Fees and Price Key to Profitability
The upcoming Bitcoin halving, scheduled for April 20, 2024, will see block rewards for miners cut in half, from 6.25 BTC to 3.125 BTC. This has traditionally meant a drop in profitability for miners, forcing some smaller firms out of business. However, industry experts believe things might be different this time around. Also Read: Bitcoin…