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8Nova
@8nova
Bitcoin halving: Every 210,000 blocks, Bitcoin's block reward is cut in half. Next halving in 2024. This reduces the rate at which new BTC is mined, making mining less profitable. Yet, it maintains scarcity, potentially boosting Bitcoin's price. Market dynamics shift - some sell, others buy, driven by speculation. Mining costs remain, so only the most efficient operations survive. Economic model ensures long-term value, aligning miner and holder interests. Stay tuned for how this plays out!
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