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TechFlow reported that at the recently concluded Bitcoin 2024 conference, mining companies showcased various strategies to tackle post-halving challenges. Ryan Rasmussen, Head of Research at asset management firm Bitwise, stated that he expects consolidation in the Bitcoin mining industry within the next 18 months, with well-capitalized miners likely acquiring competitors.
At the recently concluded Bitcoin 2024 conference, mining companies showcased different strategies for tackling post-halving challenges. Ryan Rasmussen, Head of Research at asset management firm Bitwise, said he expects consolidation in the Bitcoin mining industry over the next 18 months, with well-capitalized miners potentially acquiring competitors.
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