JP Morgan Predicts a 20% Hashrate Drop after Halving

Looks like JP Morgan is still trying to predict the crypto market. This time they are specifically talking about BTC’s hashrate and how the halving will come with a hashrate drop off of a predicted 20%.

The report goes on to say that mining facilities are not created equal and that many factors, including the introduction of faster and more efficient miners(ASICS), play into this guesstimate.

I think we all know deep down the the halving will be the death of a generation of.miners, while breathing life to a new generation.