Institutional report: BitDeer (NASDAQ: BTDR) has the lowest mining costs in the industry and may be the biggest beneficiary of the Bitcoin halving
Cantor Fitzgerald's recent report pointed out that the upcoming Bitcoin halving event will bring significant challenges to the Bitcoin mining industry. Cantor analysts predict that assuming the average Bitcoin price is $40,000 and the hash rate is stable, Bitdeer benefits from high cost efficiency and is expected to have a mining cost of $17,744, lower than other competitors in the industry. Therefore, it can be expected that Bitdeer will maintain its profitability after the Bitcoin halving and is expected to lead the industry development with its competitive advantage in the industry competition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USDGO HodlerYield holding rewards promotion extended through October 31
Bitget PoolX is listing Concrete (CT) : Lock BTC to get 1,111,111 CT airdrop
CandyBomb x CT: Trade to share 560,000 CT
[Initial listing] Bitget to list Concrete (CT)
