JPMorgan Forecasts 20% #Bitcoin Hash Rate Dropby April 2024.

JPMorgan has released a report forecasting a potential 20% decline in the Bitcoin Network Hash Rate following the Bitcoin halving in April 2024.

“We estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April ‘24) as less-efficient hardware is decommissioned,”