James Butterfill, Head of Research at European digit asset investment firm CoinShares reveals that the Bitcoin mining network experienced a staggering 90% growth in 2023, prompting concerns about environmental sustainability and profitability. Key points of focus include the network’s operational efficiency and the costs associated with energy consumption. Insights into Mining Dynamics and Hashrate Adjustments […]
Source link
CoinShares Research Dives into Bitcoin Halving: Mining Sustainability and Profitability
