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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.
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 post-halving costs, exceeding $60,000 per Bitcoin. In contrast, Bitdeer and CleanSpark are projected to be the only profitable miners, with profits of $17,774 and $36,896 per Bitcoin, respectively.
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