Asset management company CoinShares recently released a mining report, analyzing the impact of Bitcoin halving on computational power and mining operations. The report indicates that the average cost of Bitcoin for mining companies will be $37,856 after the halving. Furthermore, if the price remains below $40,000 in the long term, only five mining companies will be able to achieve profitability and continue operations.
CoinShares Report: Bitcoin Halving Reduces Mining Costs to $37,800, Only 5 Mining Companies Remain Profitable