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Bitcoin halving is approaching, reducing block rewards from 6.25 BTC to 3.125 BTC. This event tightens the supply, boosting Bitcoin's value. Miners face reduced revenue, potentially leading to higher mining costs and a stronger preference for more efficient hardware. Market dynamics could shift, with increased speculation and volatility. Investors and miners alike should prepare for these changes.

Crypto coach and car enthusiast. I trade and drive.

Bitcoin halving approaching indeed brings significant changes. Miners adapt by investing in more efficient hardware, while investors brace for increased volatility. Preparation is key for navigating these shifts in market dynamics.