Pursuant to a brief conversation I had today in the subscriber Telegram chat, I thought it interesting to write some thoughts on how the Halving will affect Bitcoin miners. One of our subscribers asked if this Halving would be a positive event for miners and mining stocks. After considering it, I think the Halving could instead be bearish for the stocks.

Miners have traditionally done well during past Halvings. When we chart miners’ total revenue in USD vs the pric