3 Bitcoin Mining Stocks to Buy If You're Betting Big on AI
Bitfarms .(BITF) Investor Place·2024-07-11 02:00
The Bitcoin (BTC-USD) mining industry is set for notable changes in 2024, presenting both challenges and opportunities for investors and Bitcoin mining stocks. The Bitcoin halving event in April 2024 reduced block rewards from 6.25 BTC to 3.125 BTC, significantly impacting revenue models.As mining becomes less profitable in higher-cost regions, mining operations are expected to respond by shifting toward areas with cheaper electricity, such as South America and Africa. This could decentralize the global has ...