Bitcoin miners in the United States explain how energy-efficient models will help keep operations profitable post-halving.
Recent data from Hashlabs Mining found that 40% of Bitcoin (BTC) mining occurs in the United States. While notable, some industry experts predict that the next halving may push U.S.-based miners offshore.
Raphael Zagury, chief investment officer at Swan Bitcoin — a Bitcoin-focused financial services company — told Cointelegraph that the upcoming halving will undoubtedly have a profound impact on U.S. miners, cutting their revenue in half.
“This acts as a great filter, distinguishing between efficient, profitable miners and those less capable,” Zagury said.
