Bitcoin hashrate reaches record levels, small mining firms facing competition, potential for centralization

From Cointelegraph

October 21, 2024 04:51 AM:

The rising Bitcoin hashrate and upcoming block reward reduction from the halving are expected to result in smaller mining firms being pushed out due to increased competition. This consolidation trend could lead to more centralized control of the mining ecosystem in the future.

Read more at Cointelegraph: Bitcoin hashrate hits all-time high, boosting network security