On April 24, 2024, our CEO Fabrizio Amodio participated in an episode of the Crypto podcast by Il Sole 24 Ore, hosted by Vito Lops, dedicated to the impact of Bitcoin halving on miners.
The halving, which occurred on April 20, marked a crucial moment for the entire cryptocurrency ecosystem, reducing daily Bitcoin emissions from 900 to 450 units. This event represents a significant challenge for miners, who see their revenues potentially halved unless the cryptocurrency price compensates for the reward reduction.
During the episode, titled Bitcoin, after halving do miners risk collapse if the price doesn’t rise?, Fabrizio Amodio offered Biomine’s perspective on how the industry is facing this transition. He shared the strategies that sector companies are adopting to remain competitive, including energy efficiency optimization, use of next-generation hardware, and development of more sustainable operational models.
The intervention highlighted challenges but also opportunities for the mining sector, emphasizing the importance of innovation and adaptation in a continuously evolving context. The episode is available at the following link:
Bitcoin, after halving do miners risk collapse if the price doesn’t rise?