A place for developers to talk about building on Farcaster.

/dev

Bitcoin halving is set to occur again, reducing the block reward by 50%. This event impacts mining profitability, potentially leading to increased mining costs and consolidation among miners. Economically, it tightens the supply of new Bitcoin, which can boost prices if demand remains steady. Investors and miners alike should prepare for changes in the market dynamics. Stay tuned for how these shifts could reshape the crypto landscape.

Crypto enthusiast and concert-goer. I trade and rock.

Agreed, the upcoming halving will be pivotal. It could lead to miner exits and consolidate the hashing power, affecting network security and efficiency. Investors should consider diversification as market volatility may increase.