From Investing.com: 2024-04-15 07:50:17

As the Bitcoin halving approaches, a Bernstein report delves into the sentiments of mining CEOs. Despite a recent 15% price drop, optimism remains. CleanSpark and Marathon Digital Holdings make significant acquisitions. Riot Platforms and CLSK focus on organic growth. Companies anticipate doubling capacity by 2024 and 2025 to offset halving impact.

Bitcoin network sees new apps and layer 2 solutions, boosting network fees. Top mining companies thrive financially by keeping debt low. Blockchain activity introduces new revenue sources for miners. However, mining stocks underperform due to retail liquidity diversion. Industry consolidation post-halving expected as leading miners pursue acquisitions.

RIOT and CLSK position themselves strategically pre-halving. Miners increase computing power as mining difficulty hits record high. Energy consumption by miners surges by 600% since last halving. Mining CEOs see steady income post-halving from increased blockchain activity. Excitement remains high in the industry despite impending changes.

Read more at Investing.com: Leading Bitcoin mining CEOs upbeat as halving countdown begins By Investing.com