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Bitcoin Price Needs to Double to Boost Miner Revenue, Says PlanB

Bitcoin Price Needs to Double to Boost Miner Revenue, Says PlanB


Coin Edition
2024-09-16 14:30:00

Bitcoin’s stock-to-flow (S2F) model creator, PlanB, is highlighting the challenges miners face after the most recent halving. He suggests a significant price increase, possibly doubling Bitcoin’s current value, may be needed to ignite the next bull market. Bitcoin’s halving events occurring roughly every four years, reduce block rewards for miners. The impact on revenue isn’t The post Bitcoin Price Needs to Double to Boost Miner Revenue, Says PlanB appeared first on Coin Edition .


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