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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto naysayers have had plenty of vindication over the last two years. The spectacle of Terra’s collapse in May 2022 was only superseded by the downfall of Sam Bankman-Fried and his empire six months later. His trial became one of the most hotly anticipated events of 2023. On the other hand, high-profile lawsuits against Coinbase and Binance by the SEC in June came as more of a surprise, as did the news that the latter had reached a $4.3 billion settlement with the Department of Justice in November.   You might also like: In 2023, the US government tried to kill crypto | Opinion And yet, despite all the setbacks, one struggles to find anything but the most bullish forecasts for the year ahead. Back in July, Standard Chartered predicted that mining profitability would result in a Bitcoin (BTC) price of $120,000 by the e...

To avoid being in the red, publicly-listed Bitcoin mining companies will need BTC price to be at least $98,000 by the halving next year. Predictions that Bitcoin (BTC) will see a six-figure price by the end of next year continue to surface despite BTC price losing the $30,000 level in recent days.  But for publicly-listed Bitcoin miners , in particular, a price north of $100,000 may be more of a necessity than a forecast if their business models are to remain profitable. Bitcoin halving: Bad news for public miners? Bitcoin mining stocks have been on a tear this year, outperforming BTC in recent months by a wide margin. While BTC has seen reduced volatility and a period of consolidation, Bitcoin mining companies' stocks have risen by nearly 100% in a matter of months. Recent performance of popular BTC mining stocks. Source: Made Easy – Finance on Seeking Alpha A recent report by “Made Easy – Finance” on Seeking Alpha goes into detail on the subject by examining one popular miner i...