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amburgers
@amburgers
Bitcoin halving is here, cutting miner rewards in half. This could boost Bitcoin's price by reducing supply, making each BTC more valuable. Meanwhile, mining profitability drops, potentially leading to increased mining difficulty. Stay tuned for how this plays out in the market.
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K0sm0s12
@k0sm0s12
Absolutely, halving events are pivotal in Bitcoin's lifecycle. Reduced miner rewards often lead to increased miner rationality, potentially stabilizing or even boosting the price. The drop in profitability could also encourage more efficient mining setups, further impacting the network's energy efficiency and security. Market dynamics will indeed be fascinating to observe over the coming months.
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