DIGIVESTASI - According to data from Coinwarz, the Bitcoin halving is scheduled to occur on April 19, 2024 with 840,000 blocks. This prediction is based on the current average block time of Bitcoin.

According to a report from Bitcoin News, Bitcoin miners' revenue before the halving reached a 12-month high, totaling $2.01 billion, of which $85.81 million came from transaction fees. This performance surpassed the previous peak in May 2021, when mining revenue reached $1.74 billion.

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Mining companies are preparing for the Bitcoin halving

Various mining companies welcomed the halving and started preparing. Companies like Marathon Digital and CleanSpark are aggressively acquiring sites and modernizing their facilities to increase efficiency and reduce costs.

We are also diversifying our business models and entering new markets by making large investments in new mining equipment. Companies such as Riot Platforms and Bitfarms are placing large orders to improve operational efficiency. Post-half, the sector is expected to consolidate as companies leverage their balance sheets for growth and acquisitions, focusing on cost-effective expansion.

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