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Is the Bitcoin boom unsustainable?
After a brutal crypto winter that saw bitcoin prices plummet, miners are back in action. Fueled by a recent surge in Bitcoin value – up over 400% since its 2022 lows – and the upcoming "Halving" event in April, miners are in a race to maximize profits. The halving, a pre-programmed feature of Bitcoin's code, cuts miner rewards in half, significantly impacting their income stream.
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