Bhutan Bitcoin Mining: Poised for Unprecedented Growth Before Halving
As the Bitcoin halving looms, Bhutan is readying to bolster its Bitcoin mining prowess. The nation’s state-owned investment entity, Druk Holding and Investments, in collaboration with mining enterprise Bitdeer Technologies, intends to multiply their Bitcoin mining ability by six. This initiative is a calculated attempt to neutralize potential repercussions as mining incentives diminish after halving. The ‘Bhutan Bitcoin mining’ capability enhancement, unveiled by both DHI and the Nasdaq-enlisted Bitdeer, is slated to augment Bhutan’s mining capability by 500 megawatts within the first half of 2025, hence raising the overall mining capability of this mountainous monarchy to an impressive 600 megawatts. It’s a remarkable stride for Bhutan in the crypto mining scene, signifying a daring move to counter the effects of Bitcoin halving.
Not financial advice. Always be safe and secure when dealing with cryptocurrency. Never send anyone your private key. Always Do Your Own Research..DYOR..DYOR..DYOR!
Source article…
