SR024: Fourth CryptoSuper500 List

Fourth CryptoSuper500 List: Post Third Halving

The aggregate annual economic value of crypto production is now about $5 billion. It has fallen back by one-third due to May’s Bitcoin Halving event which reduces block rewards each four years. Since prices tend to move higher for Bitcoin, it is reasonable to expect a recovery. There are over a million mining rigs around the world just for Bitcoin, adding up to a total of some 100 Exahashes per second of power. China has most of the top 50 cryptocurrency supercomputer-class mining pools. The cost of electricity and transaction costs will play critical roles.

Digital Transformation
Blockchain & Cryptocurrencies
CryptoSuper500-4th-Evolution-OrionX-Constellation-20200622a

Report Type: Evolution