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Author: Admin | 2025-04-28
Crypto miners keep busy ahead of halving with accelerated machine buysWhite said private miners without easy access to capital via the public markets are more likely to have to shutdown operations around the time of the halving.Home retail miners, smaller private operations and miners in areas with higher power costs are particularly at risk, he told Blockworks.“We think miners who have low or no debt, bottom quartile power costs and efficient mining fleets will be fine,” White added. “Though we certainly expect there to be pain for everyone, especially early on, as miners on the margin of profitability try to wait each other out before shutting down.”Get the news in your inbox. Explore Blockworks newsletters:Blockworks Daily: The newsletter that helps thousands of investors understand crypto and the markets, by Byron Gilliam.Empire: Start your day with top crypto insights from David Canellis and Katherine Ross.Forward Guidance: Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin.0xResearch: Get alpha directly in your inbox — market highlights, charts, degen trade ideas, governance updates, and more.Lightspeed: All things Solana, in your inbox, every day from Jack Kubinec and Jeff Albus.The Drop: The newsletter for crypto collectors and traders, covering games, tokens, apps, memes and more.Tagsbitcoin halvingGalaxy DigitalHash rateMining
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