Report: Only 2 out of 13 Bitcoin miners expected to remain profitable after halving

TechFlow reports, financial firm Cantor Fitzgerald warned that 11 major publicly traded Bitcoin mining companies will face losses following the Bitcoin halving event. Argo Blockchain and Hut 8 Mining are expected to bear high halving costs exceeding $60,000 per Bitcoin.

Bitdeer and CleanSpark are projected to be the only profitable miners, with per-Bitcoin profits of $17,774 and $36,896 respectively.