Foreseeing a decline in revenue, global mining operations have undergone restructuring. Without these strategic adjustments, miners will have to rely solely on the market value of Bitcoin to sustain their operations. According to CryptoQuant CEO Ki Young Ju, the price of Bitcoin must remain above $80,000 to maintain economic viability under the new reward structure. However, his argument is based on data from American miners, which may differ from the global reality.
BTC 65K! The Latest Halving of Bitcoin: Miners' Profits Plummet, Coin Price Must Stay Above 80k