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Bitcoin Mining Industry Is Well Positioned to Participate in a New Cycle: Bernstein

The next main catalyst for the sector is the reward halving due early 2024, the report said.

Bitmain Antminer S19 Hydro mining rigs (Eliza Gkritsi/CoinDesk)
Bitmain Antminer S19 Hydro mining rigs (Eliza Gkritsi/CoinDesk)