Saturday, August 30, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    PENGU token loses 20% in August amid Pudgy Party game launch

    PENGU token loses 20% in August amid Pudgy Party game launch

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

    What’s Behind the Double-Digit Declines?

    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

  • Gaming
    Climb the SCOR Invitational Leaderboard and Earn Bigger $SCOR Airdrops

    Climb the SCOR Invitational Leaderboard and Earn Bigger $SCOR Airdrops

    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

    Pudgy Penguins and Mythical Games Launch Pudgy Party Game

    Pudgy Penguins and Mythical Games Launch Pudgy Party Game

    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Play Solana to ship handheld gaming device in October

    Play Solana to ship handheld gaming device in October

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    PENGU token loses 20% in August amid Pudgy Party game launch

    PENGU token loses 20% in August amid Pudgy Party game launch

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

    What’s Behind the Double-Digit Declines?

    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

  • Gaming
    Climb the SCOR Invitational Leaderboard and Earn Bigger $SCOR Airdrops

    Climb the SCOR Invitational Leaderboard and Earn Bigger $SCOR Airdrops

    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

    Pudgy Penguins and Mythical Games Launch Pudgy Party Game

    Pudgy Penguins and Mythical Games Launch Pudgy Party Game

    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Play Solana to ship handheld gaming device in October

    Play Solana to ship handheld gaming device in October

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Mining

A look back, and ahead as the halving looms

April 12, 2024
in Mining
30
A look back, and ahead as the halving looms
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Though a number of bitcoin miners have historically run into financial trouble, some segment observers have said the space’s larger players are likely to survive the upcoming halving.

READ ALSO

Bitcoin Miner IREN Posts Record $501M Revenue in FY25, Reverses Prior-Year Loss

Through pullback US Bitcoin ETFs buy 3.6 times daily issuance as inflows streak hits four days

Industry consolidation appears very likely, however, as some mining companies are expected to struggle more than others. Still, many such firms have prepped extensively for the halving and remain hopeful — at least publicly.

Set for just over a week from now, the 2024 bitcoin halving represents a point when per-block mining rewards are set to drop from 6.25 BTC to 3.125 BTC — putting additional pressure on miners and their bottom lines.

A number of mining companies, in anticipation, have sought to strengthen their balance sheets, deploy more efficient machines and diversify revenue streams.

Read more: The Bitcoin halving is just weeks away — here’s how miners have prepared

Industry giants such as Marathon Digital and Riot Platforms seem to have a clear edge over most peers, given their balance sheets consisting of more than $1 billion each in combined cash and BTC.

Chase White, a senior analyst at Compass Point Research & Trading, previously said private miners without easy access to public markets capital are more likely to have to shutdown operations in the aftermath of the per-block mining rewards cut.

Despite expecting “pain for everyone,” White added that miners with low or no debt, bottom quartile power costs and efficient mining fleets are likely to be fine.

Not all mining companies fit those criteria.

And so, the question remains which such firms will come out on the other side of the halving intact, and stronger.

Past financial troubles for miners

Several sources had trouble coming up with any major miners hurt badly by the last halving event four years ago.

But unlike the previous two halving events in 2016 and 2020, the 2024 halving event may result in a wave of consolidation and defaults across the matured space, according to Kayla Joyce, an associate at law firm Holland & Knight.

She did not disclose which she believes might be most at risk.

Read more: Bitcoin miner consolidation appears imminent as halving looms

“The 2020 halving seemed to have less of an impact because the bitcoin mining industry was a smaller space prior to the 2021 crypto bull market,” Joyce told Blockworks. “Investors only started pouring money into the industry in 2021.”

Rather than around the 2020 halving, hardship across the mining sector occurred as a result of the 2022 crypto winter, which followed mining firms accumulating substantial debt to fund aggressive growth initiatives.

See also  This Bitcoin Miner from Wall Street Bleeds Red Ink in Brutal Quarter

Crypto mining data center operator Compute North filed for bankruptcy in September 2022 after raising $385 million in debt financing that February. The company said in bankruptcy filings at the time that it owed as much as $500 million to at least 200 creditors.

Core Scientific then filed for bankruptcy in December 2022. It noted at the time that while its cash flow was positive, it was insufficient to repay an equipment financing loan.

The Texas-based company emerged from bankruptcy in January — reducing its net debt to $571 million by converting equipment lender and convertible note holder debt to equity.

Core Scientific CEO told Blockworks last month that going forward, the company intends to be more “pragmatic” on its infrastructure growth strategy and more “opportunistic” on the machine purchase side.

Read more: Core Scientific CEO: Machine buys, deleveraging key around Bitcoin halving

Though Argo Blockchain did not go bankrupt amid the 2022 bear market, the London-based firm said late that year it was looking to avoid such a fate despite holding “insufficient cash” to sustain operations for much longer.

Argo mined 103 bitcoins last month and held digital assets worth the equivalent of 26 BTC ($1.82 million), as of March 31. The company also last month closed on the sale of its facility in Mirabel, Quebec for $6.1 million.

It used the proceeds of the sale to repay the Mirabel facility’s remaining mortgage of $1.4 million and also paid back a portion of its outstanding debt to Galaxy Digital. Argo still owes Galaxy $12.8 million, down from its original $35 million debt balance to the company.

Overall, the company reduced its debt by $12.4 million during the first quarter, Argo Blockchain CEO Thomas Chippas said in a statement.

He added: “As we approach the halving, we continue to focus on streamlining our operations and running as efficiently as possible.”

A look at hash cost, miners’ fate this time around

A look at hash price and hash cost of public mining companies is one signal that some are better positioned than others heading into the halving.

Hash price — taking into account bitcoin price, network difficulty, block subsidy and transaction fees — measures how much a miner can expect to earn from a specific quantity of hash rate. It is positively correlated to BTC price changes and negatively linked to fluctuations in bitcoin mining difficulty.

Hash cost is essentially the same as hash price but comes from a different perspective — measuring the cost for a miner.

See also  Bitcoin mining touted as solution for UK's renewable energy goals

Reducing hash cost — via improving efficiency by deploying newer machines or securing lower energy rates — has been a key focus for the segment’s firms as the halving looms.

The hash price for bitcoin stood at roughly $118 per petahash per second (PH/s) on Friday, according to Hashrate Index data.

That hash price will be cut in half after the halving, noted Wolfie Zhao, head of research at TheMinerMag — currently meaning just under $60 PH/s.

“In that scenario, most of the mining companies would still be mining with a gross profit, albeit much less than before,” he told Blockworks.

[TheMinerMag chart found in the in-progress thread]

Some of the publicly traded miners with a higher hash cost don’t have much debt on their balance sheet, Zhao noted. Companies with elevated debt-to-equity ratios — such as Greenidge, Terawulf and Stronghold Digital — are on the lower end of the all-in hash cost scale, he added.

“So it looks like most of the public miners will survive the halving after having survived the highly levered bear market of 2022,” Zhao said.

Companies remain confident despite challenges

Bit Digital and Bitfarms had higher total hash costs than competitors during the fourth quarter, according to TheMinerMag data — amounting to about 74.2 PH/s and 70.3 PH/s, respectively.

Bit Digital CEO Sam Tabar told Blockworks in an email that the company plans to double the size of its fleet by the end of the year with more efficient miners.

The company may consider owning a portion of its hosting infrastructure to lower production costs. That decision “depends on the opportunity set and corresponding returns profile,” he added.

Beyond that, the company in October launched a business line focused on supporting artificial intelligence workstreams.

“The margins are substantially better than our mining margins, and helps absorb all of our fixed overhead costs, making us more resilient to hash price volatility,” Tabar said.

Bitfarms Chief Mining Officer Ben Gagnon said the company’s low-cost power contracts and energy efficiency will keep it profitable post-halving.

The Canadian miner agreed to buy nearly 36,000 Bitmain machines in November as part of what it called a “transformative fleet upgrade.” That process will help the company more than triple its hash rate and improve its energy efficiency by about 40%.

“With this plan we are strongly positioned to thrive and take advantage of what we believe will be the most bullish post-halving market the industry has ever seen,” Gagnon told Blockworks.

See also  Is Dogecoin About to Take Off? Indicators Suggest Upward Momentum Ahead

Joe Flynn, an analyst at Compass Point Research and Trading, wrote in an April 9 research note that Stronghold Digital Mining goes into the bitcoin halving “in a more difficult position relative to other miners” due in part to its debt and limited access to capital markets.

Stronghold’s infrastructure and access to power is valuable, however, Flynn noted, as companies will need such resources to plug in the hoards of mining machines they have already ordered. He added that selling some of that infrastructure could boost Stronghold’s stock, which was down about 48% year to date, as of Friday morning.

“We ultimately think there’s value in its assets that could be taken out through [mergers and acquisitions], as there is ability to take out [general and administrative expense] and lower Stronghold’s high overhead as a current small public company,” Flynn wrote.

Stronghold CEO Greg Beard told Blockworks that if Stronghold is deemed an attractive M&A target by an industry peer, such a deal would be “something to consider.”

“Generally speaking, companies that are misunderstood by the public market that have actual attributes and value that can be valued by other public companies … tend to be realized in that way.”

Despite its debt, Stronghold’s vertically integrated structure gives it levers to pull around the halving, Beard said.

The company, for example, last month turned off operations at one of its Pennsylvania plants to instead import electricity due to low power prices. It intends to keep that in effect “until it becomes economically compelling to run it relative to purchasing electricity,” the company said in a news release.

“I think the challenge for a lot of miners is that if their power contracts are structured in a difficult way, they’re forced to buy power at a negative margin,” Beard said. “We don’t have that issue.”

While Stronghold is a potential target to be acquired post-halving, Applied Digital has already been on the sell-side of pre-halving deals — agreeing to sell its facility in Garden City Texas last month to Marathon for $97.3 million.

Read more: ADDMARATHON Q&A LINK WHEN PUBLISHED

Applied Digital CEO Wes Cummins said in a statement the company is set to focus on building out its HPC data centers.

“This strategic transaction represents a purposeful pivot, equipping the company to allocate financial and operational resources toward strategic sites in North Dakota, as well as bolstering our balance sheet strength,” Cummins said.

The company declined to comment further about its post-halving strategy.


Don’t miss the next big story – join our free daily newsletter.

Tags: AheadHalvingLooms

Related Posts

Bitcoin Miner IREN Posts Record $501M Revenue in FY25, Reverses Prior-Year Loss
Mining

Bitcoin Miner IREN Posts Record $501M Revenue in FY25, Reverses Prior-Year Loss

August 30, 2025
Bitcoin difficulty predicted to fall 5% as hashrate dips
Mining

Through pullback US Bitcoin ETFs buy 3.6 times daily issuance as inflows streak hits four days

August 30, 2025
Auto Giant Unveils Impressive 153 BTC Haul
Mining

Auto Giant Unveils Impressive 153 BTC Haul

August 29, 2025
Bitcoin Hashrate Rockets to New Heights, Smashing Through 980 EH/s Barrier
Mining

Bitcoin Hashrate Rockets to New Heights, Smashing Through 980 EH/s Barrier

August 29, 2025
Bitcoin Miner IREN’s AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord
Mining

Bitcoin Miner IREN’s AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord

August 29, 2025
Sanctioned nations are secretly mining Bitcoin and the clues are in the hash rate
Mining

Trump-backed Bitcoin mining firm to go public on Nasdaq next month

August 28, 2025
Next Post
Ex-security engineer gets three years for first-ever smart contract hacking conviction, stole $12 million in crypto

Ex-security engineer gets three years for first-ever smart contract hacking conviction, stole $12 million in crypto

Comments 30

  1. y06px says:
    3 months ago

    where can i buy cheap clomiphene no prescription where buy generic clomiphene without prescription cost clomid online how to get generic clomid tablets can i purchase cheap clomid pills where can i get generic clomid pill cost of clomiphene for men

    Reply
  2. order cialis no prescription online says:
    3 months ago

    With thanks. Loads of knowledge!

    Reply
  3. bv medication flagyl says:
    3 months ago

    The vividness in this serving is exceptional.

    Reply
  4. 0kauu says:
    3 months ago

    azithromycin 250mg cost – zithromax order flagyl 400mg canada

    Reply
  5. xzumq says:
    3 months ago

    buy semaglutide 14mg sale – rybelsus canada buy periactin 4 mg generic

    Reply
  6. 5f8qf says:
    3 months ago

    domperidone 10mg over the counter – buy tetracycline 500mg brand flexeril 15mg

    Reply
  7. vkim6 says:
    2 months ago

    cost azithromycin 250mg – buy nebivolol sale order generic bystolic 20mg

    Reply
  8. rgib9 says:
    2 months ago

    amoxiclav canada – https://atbioinfo.com/ buy generic ampicillin

    Reply
  9. 3z5tu says:
    2 months ago

    cheap esomeprazole 20mg – https://anexamate.com/ order nexium capsules

    Reply
  10. cozqp says:
    2 months ago

    purchase medex online cheap – cou mamide losartan 50mg without prescription

    Reply
  11. 7qxiq says:
    2 months ago

    buy mobic tablets – relieve pain buy meloxicam 7.5mg online cheap

    Reply
  12. czh82 says:
    2 months ago

    deltasone 10mg over the counter – aprep lson prednisone 5mg price

    Reply
  13. ijm7h says:
    2 months ago

    buy ed pills usa – fastedtotake.com buy ed pills cheap

    Reply
  14. 730ho says:
    2 months ago

    how to buy amoxil – https://combamoxi.com/ amoxil for sale online

    Reply
  15. 6fh1w says:
    2 months ago

    where can i buy diflucan – flucoan order diflucan 200mg for sale

    Reply
  16. p905o says:
    2 months ago

    order generic cenforce 100mg – buy generic cenforce cenforce 50mg usa

    Reply
  17. p5rf9 says:
    2 months ago

    tadalafil tablets – how long does cialis stay in your system difference between cialis and tadalafil

    Reply
  18. Connielet says:
    2 months ago

    zantac without prescription – cheap zantac 300mg ranitidine 150mg brand

    Reply
  19. rqba9 says:
    2 months ago

    what is tadalafil made from – https://strongtadafl.com/ cialis for daily use reviews

    Reply
  20. m143w says:
    1 month ago

    buy 50 mg viagra online – https://strongvpls.com/# buy sildenafil 50mg

    Reply
  21. Connielet says:
    1 month ago

    This is the kind of advise I find helpful. para que es el synthroid

    Reply
  22. jjyj0 says:
    1 month ago

    This is the big-hearted of criticism I truly appreciate. https://buyfastonl.com/

    Reply
  23. Connielet says:
    1 month ago

    I’ll certainly carry back to review more. https://ursxdol.com/levitra-vardenafil-online/

    Reply
  24. gkqvx says:
    1 month ago

    Proof blog you procure here.. It’s obdurate to find strong worth writing like yours these days. I justifiably respect individuals like you! Withstand guardianship!! https://prohnrg.com/product/atenolol-50-mg-online/

    Reply
  25. m7x5m says:
    1 month ago

    Thanks for putting this up. It’s evidently done. stromectol belgique

    Reply
  26. Connielet says:
    4 weeks ago

    This website positively has all of the low-down and facts I needed adjacent to this subject and didn’t positive who to ask. https://ondactone.com/product/domperidone/

    Reply
  27. Connielet says:
    3 weeks ago

    The reconditeness in this serving is exceptional.
    buy maxolon no prescription

    Reply
  28. Connielet says:
    2 weeks ago

    Palatable blog you possess here.. It’s hard to assign high calibre belles-lettres like yours these days. I honestly comprehend individuals like you! Withstand mindfulness!! http://www.fujiapuerbbs.com/home.php?mod=space&uid=3618580

    Reply
  29. Connielet says:
    1 week ago

    order forxiga online – on this site order dapagliflozin 10mg for sale

    Reply
  30. Connielet says:
    5 days ago

    order xenical sale – site orlistat oral

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Crypto derivatives protocol MYX raises $5 million in seed round led by HongShan

Crypto derivatives protocol MYX raises $5 million in seed round led by HongShan

November 28, 2023
Crypto Analyst Issues Dogecoin Warning, Says DOGE Breakout Is Postponed After Complicated Weekly Close

Dogecoin Poised For Pullback After Failing To Hold Key Resistance

November 1, 2023
TSplus Recognized with Multiple Accolades from Capterra, Software Advice and GetApp in 2025

TSplus Recognized with Multiple Accolades from Capterra, Software Advice and GetApp in 2025

March 31, 2025
Ethereum Price Breakout: Charting The Uncertain Part Of ETH To $18,000

Ethereum Price Breakout: Charting The Uncertain Part Of ETH To $18,000

December 8, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Bitcoin Miner IREN Posts Record $501M Revenue in FY25, Reverses Prior-Year Loss
  • Through pullback US Bitcoin ETFs buy 3.6 times daily issuance as inflows streak hits four days
  • PENGU token loses 20% in August amid Pudgy Party game launch

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.