CoinWorld news, Fidelity Digital Assets released a report stating that the rise in Bitcoin prices offset the impact of reduced block subsidies, with miners' average daily income increasing from $26.3k to $40.2 million. After the fourth halving in April 2024, the block subsidy per block for miners will drop from 6.25 BTC to 3.125 BTC. Additionally, VanEck estimates that listed mining companies need to raise $50 billion to transition to AI infrastructure, and face technical challenges such as data center standards and power redundancy.

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Stop-LossForBluePeony
· 5h ago
Fidelity’s data is pretty interesting—the coin price’s been rising so hard that it basically filled in the hole left by the halving.
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APuppyInTheWarmSun
· 5h ago
Vaneck’s claimed 50 billion transformation fee—can mining firms really afford to pay it? Power redundancy is the real hard nut.
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FloatingTeacupClub
· 5h ago
Miners are now earning $40 million a day, but the subsidy will be halved next year. How do you calculate that?
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