China’s Rainy Season Is Coming. This Time Bitcoin Miners Aren’t Investing

Spring is usually a welcome time of year for bitcoin mining businesses in China. The upcoming rainy season brings excessive hydropower, making electricity cheap and mining more profitable … all else equal. This year, however, two key variables have changed, upending the calculus for operators of mining facilities and for miners themselves in the world’s […]

Continue Reading

Bitcoin Halving: How Miners Prepare for Lower Block Rewards

As the latest Bitcoin halving approaches, miners are upgrading equipment, optimizing arrangements, conserving power and more in the race to dominate. How are bitcoin (BTC) miners strategizing for the upcoming halving event, in which block reward subsidies will be cut by 50 percent? On this week’s episode of “Bitcoin Halving 2020: Miner Perspectives,” Kristy-Leigh Minehan […]

Continue Reading

Bitcoin Halving 2020: Miners in China Brace For Impact

Hosted by CoinDesk Research Analyst Christine Kim, the first episode of the Bitcoin Halving 2020 podcast series is about the impact of bitcoin’s third halving on the concentration of miners in China. In about 40 days, the world’s first and largest cryptocurrency by market capitalization, bitcoin (BTC), will undergo a pre-programmed block reward reduction known […]

Continue Reading