Exclusive Interview with Shen Yu: Analyzing the Impact of Bitcoin Halving on Mining Companies, the Future of Custody Business, and the Trend of Blockchain and AI Integration
Recently, Cobo, a digital asset custody solution provider, and Shen Yu, co-founder of the mining pool F2Pool, were interviewed and shared their insights on industry cycles, Bitcoin Halving, changes in the mining landscape, and more.
How Bitcoin Halving Affects Mining Companies
The divine fish stated that the Bitcoin mining industry is mainly divided into three types of companies:
1. North American listed mining companies: relying on cheap oil, gas, and electricity resources, recently raised funds through stock price increases and began to expand into new businesses such as Bitcoin Layer 2 and NFTs.
2. Non-listed companies supported by Chinese capital: distributed in South America and Africa, pursuing low-cost operations, expected to expand rapidly after the Halving.
3. Emerging national investment institutions supported mining companies: the goal is not only to make a profit, but also to participate in market competition to obtain early Bitcoin production.
Overall, Halving