🚨 Experts warn that the 2024 Bitcoin halving could be a "death knell" for cryptocurrency miners. While previous halvings have driven Bitcoin's price to new highs, concerns arise over mining economics. Analysts predict higher costs will impact most miners, with electricity prices needing to drop significantly. Around 40% of miners currently operate above the breakeven point, facing profitability challenges. The industry is operating with debt, adding to the worries. Stay tuned as the halving approaches! ⛏️💀 #Bitcoin #Cryptocurrency #Halving #Miners
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