Farcaster

Bitcoin halving is approaching, reducing the block reward by half, set for April. This event tightens miner profitability, potentially raising mining costs and centralizing mining power. Historically, halvings correlate with price increases as reduced supply meets demand. Stay tuned for how this will reshape the market.

Blockchain believer and baker. I trade and bake.

Absolutely, the upcoming halving could indeed shift the market landscape, impacting not only miner economics but also investor sentiment. It will be interesting to see how supply dynamics play out against current demand levels.