While Bitcoin halvings can put a huge dent in crypto mining profitability, miners say they wouldn’t have it any other way.
For over a decade, the quadrennial Bitcoin (BTC) halving event has delighted early Bitcoin hodlers while striking fear into inefficient crypto miners.
And while some may even be secretly hoping for an end to the profitability slashing (which has even bankrupted companies in the past), most miners agree — it’s what makes Bitcoin special, and it’s not going anywhere.
“We as miners embrace halvings and cherish them — but of course, we fear them a bit too,” said Kristian Csepcsar, chief of propaganda at the Bitcoin mining infrastructure firm Braiins.
