🚀 Bitcoin's upcoming halving is expected to cause only a minor dip in the network's hashrate, with a quick recovery anticipated. This is due to the high profitability of Bitcoin mining and the continuous upgrade of mining equipment. However, high-cost miners may face challenges and need to upgrade their fleets to maintain profitability. Miners are also finding creative ways to increase profits, such as underclocking and diversifying income streams. Some are even diversifying away from mining. The industry is becoming more geographically decentralized, with miners exploring emerging markets for cheaper electricity. Despite the halving, the impact on Bitcoin's price is expected to be minimal, with demand being the main price driver. Let's discuss! 💬