Block Scholes, an institutional Bitcoin data provider, foresees a unique impact from the upcoming Bitcoin halving on the network's performance. They predict a potential 25% drop in the hash rate within the first two weeks after the halving, pointing to a different scenario post-halving this time, especially in how quickly the difficulty adjusts.

Eamonn Gashier, the Founder and CEO of Block Scholes, emphasized that while the block rewards may dip immediately after the halving, they tend to recover to pre-halving levels in the months that follow. The company anticipates a shorter wait time for miners post-halving before the difficulty is adjusted, potentially causing a significant decline in the hash rate that could take longer to bounce back due to the substantial impact on miner revenue and the wait for a major difficulty adjustment.

Looking ahead, Block Scholes expects the hash rate to continue growing exponentially, albeit at a slower pace, based on the persistent high miner rewards and adjustments in mining difficulty to offset the reduced block reward.

On the other hand, CleanSpark Inc. has taken significant steps to boost its mining capacity, achieving over 17 exahashes per second (EH/s) with the operation of a new data center in Dalton, GA. The company has opted to upgrade and purchase an additional 100,000 Bitmain S21 Pros, increasing its total hash rate to 23.4 EH/s.

CEO Zach Bradford explained that this strategic move aims to increase efficiency in preparation for the halving. With the S21 Pro model's upgrade, offering greater efficiency at 15 joules per terahash, CleanSpark expects to enhance its market share post-halving while reducing overall network energy consumption.

As the halving approaches, CleanSpark and the wider Bitcoin mining industry are likely to experience significant changes with unexpected price discoveries during this phase of the Bitcoin cycle.