Author: Hazel Anderson
Hazel Anderson
Hazel Anderson lives in Germany and studied international journalism and media management. She focuses on politics, regulations, energy, blockchain, and fintech. Since 2017, she's been involved in the crypto world, writing for BtcProNews.
The mining sector is collapsing as the Bitcoin halving draws near, which has led to an unexpected drop in the prices of stock. High-level executives are still bullish about Bitcoin’s prospects and growth potential. The second Bitcoin halving ought to occur around April 20, and it will reduce mining incentives to 3.125 BTC, a 50% decrease. At current prices, this quantity of Bitcoin is equal to about $200,000. Global Bitcoin Halving Fallout: Non-US. Miner Stocks Plummet The stocks of Riot Blockchain (RIOT) and Marathon Digital ( MARA), which are crucial to Bitcoin mining, have seen a significant price decline. Based…