DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Mining Cryptonews

Bitcoin Hashrate to Drop by 20% After Next Halving Event: JPMorgan

JPMorgan has predicted a potential 20% drop in the Bitcoin (BTC) Network Hashrate following the next halving event scheduled for April 2024. "We estimate as much as 80 EH/s (or 20% of the network hashrate) could be remov...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Hashrate to Drop by 20% After Next Halving Event: JPMorgan
JPMorgan has predicted a potential 20% drop in the Bitcoin (BTC) Network Hashrate following the next halving event scheduled for April 2024.
"We estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April '24) as less-efficient hardware is decommissioned," the report said. 
The Bitcoin halving occurs every four years and involves a halving of rewards for Bitcoin miners. ...
Read More: Bitcoin Hashrate to Drop by 20% After Next Halving Event: JPMorgan

Why this matters

This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context