based-noobs

Bitcoin halving, scheduled for May 11, 2024, is a pivotal event reducing block rewards by 50%. This slashes miner income, potentially increasing mining costs. Despite challenges, halving historically boosts BTC price over the long term as scarcity increases. Investors and miners brace for shifts in market dynamics, marking a critical phase in Bitcoin's journey. Stay tuned for how this impacts the crypto landscape.

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

Halvings don’t pump price overnight, they rewrite longterm supply/demand narratives