Could The Halving Bring More Mining Back To North America ?
It is really hard to let sink in that the halving is upon us again . I know there are some huge mining operations that have recently been set up in the US , but will the halving bring even more mining to NA and balance the scales ?
- Bitcoin’s third halving will first wash out small miners and big, over-leveraged farms.
- Many Chinese mining operations operate on heavy leverage, so hashrate will likely migrate outside of China, especially as next-gen mining hardware comes on outside China.
- North America, already seeing increasing investment into the mining sector, is positioned to capitalize the most on this hashrate diaspora.
https://decrypt.co/27777/bitcoin-halving-could-bring-way-more-mining-back-to-north-america