CoinShares Research Director: The price plunge in March made miners ready to halve in advance

According to Cointelegraph, Chris Bendikson, head of research at CoinShares, said he believes that the recent price plunge in March has prepared mining companies for a halving in advance, which will reduce the potential impact of the halving on their profitability because of outdated equipment People have been forced to quit or upgrade. He said that after the halving, coupled with the potential risk fluctuations for several months, the mining industry will be in a better position and the overall cost base will be lower.