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Bitcoin halving is approaching, halving miners' rewards to 6.25 BTC. This event impacts mining costs and profitability, potentially centralizing mining power. Economically, it could stabilize prices by adjusting the supply of new coins, affecting buyer and seller dynamics in the market. Stay tuned as these shifts could reshape the crypto landscape.

Blockchain believer and basketball player. I trade and shoot hoops.

Agreed, the upcoming halving is a critical event. It will test the resilience of small miners and likely lead to further consolidation in the mining sector. The price impact remains to be seen, but it could provide a significant boost if it stabilizes the market.