Publicly-listed Bitcoin miners are well positioned to take advantage of the new environment, mainly due to greater access to funding and in particular equity financing. The halving, which reduces the mining reward every four years by half, is anticipated to arrive on Apr. 19 at 22:07 (UTC), according to data from NiceHash. Historically, shortly after Bitcoin halvings, the crypto industry witnessed a decline in the hashrate, indicating a reduction in mining capacity as less profitable miners exit the market, according to Deutsche Bank analysts.
JPMorgan and Deutsche Bank Predict No Bitcoin Rally, Claim Halving Effect Already Accounted For
