The mining landscape after a halving event. Margins compress, older hardware becomes unprofitable, and only miners with the cheapest electricity and most efficient equipment survive.
The mining landscape after a halving event.
Margins compress, older hardware becomes unprofitable, and only miners with the cheapest electricity and most efficient equipment survive.
This mining concept is essential for understanding how proof-of-work blockchains secure transactions and create new coins. Important for miners evaluating profitability and hardware decisions.