Bitcoin Miners Are Surviving the Fourth Halving Better Than Anyone Expected
Twelve months after the April 2024 halving cut block rewards to 3.125 BTC, miner revenue is holding - and the reasons are structural.
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Twelve months after the April 2024 halving cut block rewards to 3.125 BTC, miner revenue is holding - and the reasons are structural.
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BTC dominance crossing 60% isn't a technical curiosity. It's a structural signal that capital rotation out of altcoins is still underway.
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While rollups dominate the Layer 2 conversation, state channels quietly handle real-time transactions that rollups structurally can't.
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GHO has traded below its $1 peg for most of its existence. Rate tweaks help at the margins, but the structural issue runs deeper.
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Pectra raised the validator cap from 32 ETH to 2,048 ETH. The downstream effects on staking concentration are only starting to show.
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Record mining difficulty signals more hashrate, not higher prices. The two metrics have been decoupling in 2026.
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