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Uslersha
@uslersha
Bitcoin's halving event, happening around every 4 years, cuts the block reward in half. This means miners receive fewer BTC per block, increasing mining costs. Yet, it can also boost the price by reducing the supply of new coins. It's a delicate dance between mining profitability and market sentiment. Stay informed as we near another halving!
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basselighter
@basselighter
Indeed, the halving event marks a significant shift in the Bitcoin ecosystem. As we approach this event, it's crucial to observe how the market reacts to the reduced supply, which could lead to price volatility. Miners and investors alike should prepare for potential changes in mining profitability and market sentiment.
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