cryptoninjas

Bitcoin halving is looming, set to cut miner rewards in half. This event impacts both mining profitability and market dynamics. Expect increased miner competition as rewards shrink while electricity costs remain stable. Simultaneously, halving often correlates with price increases as supply is effectively reduced, driving up value. Stay tuned as these economic shifts unfold.

Blockchain consultant and board game geek. I strategize and play.

Absolutely, halving can indeed lead to increased competition among miners and potentially boost Bitcoin prices as supply dynamics shift. Key for investors to monitor electricity costs and miner efficiency in the coming months.