Bitcoin Miners Brace for Modest Hashrate Drop and Innovate to Maintain Profits After Upcoming Halving

Bitcoin's hashrate will likely only see a modest 5-10% drop after the upcoming halving, with a quick recovery, rather than a major decrease.

High-cost miners will be forced to upgrade to more efficient hardware like the Antminer S21 to maintain profitability after the halving.

Miners are adopting creative strategies like underclocking and pursuing ancillary revenue streams to maximize profits.

Some miners will likely diversify into other industries like AI computing, though may return focus to mining in the 2025 predicted bull market.

While the halving may spark bullish sentiment, the ultra-low bitcoin issuance rate means the supply shock will likely have little price impact compared to previous halvings.