The Halving Dilemma: Will Riot Platforms Struggle in the Face of Bitcoin’s Big Shift?

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The Halving Dilemma: Will Riot Platforms Struggle in the Face of Bitcoin’s Big Shift?

The upcoming 2024 Bitcoin halving event could cause mining companies like Riot Platforms to struggle due to increased costs and reduced mining rewards. Riot’s business model is increasingly precarious, with depreciation costs possibly exceeding Bitcoin price forecasts.
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