๐ฆ JPMorgan Forecasts 20% ๐ชBitcoin Hash Rate Drop๐ by April 2024.
JPMorgan has released a report forecasting a potential 20% decline in the ๐ชBitcoin Network Hash Rate following the ๐ชBitcoin halving in April 2024.
โWe estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April โ24) as less-efficient hardware is decommissioned,โ
#BitcoinWorld #bitcoin #dyor
JPMorgan has released a report forecasting a potential 20% decline in the ๐ชBitcoin Network Hash Rate following the ๐ชBitcoin halving in April 2024.
โWe estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April โ24) as less-efficient hardware is decommissioned,โ
#BitcoinWorld #bitcoin #dyor