CoinGape - Bhutan is tripling its Bitcoin mining capacity in partnership with Bitdeer to offset potential revenue loss from the upcoming Bitcoin halving

in blockchain •  5 months ago 

https://coingape.com/bhutan-plans-to-boost-bitcoin-mining-capacity-ahead-of-halving/
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Bhutan is rapidly expanding its Bitcoin mining capacity in anticipation of the Bitcoin halving.

This halving will cut miner rewards in half, so Bhutan is aiming to mine more Bitcoins before that happens to offset the revenue loss.

By partnering with Bitdeer, Bhutan plans to triple its mining capacity to 600 megawatts by 2025.

Beware of Bitcoin halving hype!!

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blockchain horror hype bhutan bitcoin mining bitdeer halving
5 months ago by

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      ·  5 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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