A recent report by Cantor Fitzgerald suggests that the upcoming Bitcoin halving event will present significant challenges for the eleven largest publicly traded Bitcoin miners. However, Bitdeer, a Singapore-based mining company, is expected to maintain its profitability despite the challenges. Cantor analysts predict that Bitdeer will emerge as a potential winner due to its high cost-efficiency. Bitdeer's cost per coin is estimated to be the lowest compared to other miners at $17,744, assuming an average Bitcoin price of $40,000 and a stable hashrate. This finding highlights Bitdeer's competitive edge and potential to lead the industry post-halving.
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Bitdeer (NASDAQ: BTDR) Proves High Cost-Efficiency After Bitcoin Halving, according to the Report by Cantor Fitzgerald
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