Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
Summary
Bitcoin's hashrate growth may slow due to summer heatwaves, providing relief for miners. The halving reduced rewards while hashrate hit all-time highs. Heat mitigation is a major challenge for miners, leading to curtailments during summer. This could lower hashrate and mining difficulty, benefiting some miners. US-based miners may face heat-induced curtailments, potentially impacting hashrate growth. Lower hashrate could lead to a negative difficulty adjustment, benefiting miners.
