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- InvestorPlace
3 Crypto Stocks to Sell ASAP Before the Bitcoin Halving
Roughly every four years, Bitcoin (BTC-USD) mining companies eagerly anticipate the halving event. According to the latest estimates, the nearest one may take place in April 2024 and will put pressure on the margins of mining companies as the miners’ rewards will be cut twice. This can also lead to a drop in the value of the main cryptocurrency, which in turn can negatively affect crypto stocks to sell before bitcoin halving. Hut 8 (HUT-USD) Source: rafapress / Shutterstock.comThe magnificent la
- InvestorPlace
3 Crypto Miners That Could Take a Hit After Next Month’s Bitcoin Halving
Crypto miners are expected to take a hit to their earnings after the Bitcoin (BTC-USD) halving event is completed in April this year. Crypto miners get rewarded with newly minted bitcoin for contributing computing power to validate transactions on the blockchain network. However, every four years, the Bitcoin protocol cuts in half the reward miners receive for mining new blocks, an event known as “halving.” The next halving will reduce the per-block subsidy miners receive from 6.25 BTC to 3.125
