“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,” the report said.
The Bitcoin halving occurs every four years and involves a halving of rewards for Bitcoin miners. …
Read More: Bitcoin Hashrate to Drop by 20% After Next Halving Event: JPMorgan
Source:https://cryptonews.com/news/bitcoin-hashrate-drop-by-20-after-next-halving-event-jpmorgan.htm