Sin on Warpcast

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https://onchainsummer.xyz

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1/4 Did you know that #Bitcoin's halving is not just about cutting miner rewards in half? It's a mechanism to ensure decentralized growth, prevent power concentration, and promote energy efficiency. It's a self-regulating network.#Halving

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2/4 Compare last year's income to today's, and you'll see that miners' rewards would have been cut in half without halving. So, what's the exact purpose of halving? It's not just about reducing rewards but about maintaining a healthy network ecosystem.

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3/4 Miners' income is directly related to the network's difficulty rate and Satoshi's design. These two were designed together to ensure the network's growth and prevent centralization of power. It's a delicate balance that keeps #Bitcoin thriving.

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4/4 As a result of halving, miners will fall into two categories: those with high energy consumption and expensive equipment will find mining unprofitable, and those who remain in the network will see their income distributed among the remaining active miners.

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Hamid 🎩🎭 pfp

There is really a great idea behind it

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MarMar 💎 pfp

Thanks for your useful information

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Dorsa pfp

Thanks for the useful information 4 $DEGEN

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Dr.Ensi Alizade pfp

Dr.Ensi Alizade

This is a good description 👍🏻

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Ali 🔵 pfp

Yes, that's right

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Heisenberg 🎩 pfp

Heisenberg 🎩

Thank you for useful information

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rez 🍖🎩 pfp

i think halving will rise the bitcoin price to 100000

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Huke pfp

I didn’t know Tnx

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Ariya pfp

Yes i did Its mechanism is perfect Even More perfect than some countries economy system 😂 18 $DEGEN

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Nihhad... pfp

Remember، less is not always bad. Sometimes less is more.

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mili pfp

In the realm of Bitcoin, halving is not merely a process; it's a pivotal recalibration, where scarcity and strategy intertwine, plotting the next epoch in the saga of digital gold.

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Mojtaba pfp

I always follow tech info

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Queen 👑 pfp

A great future awaits Bitcoin; Bitcoin is great

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ISA 🎩 🍖 pfp

Halving is a wonderful event! 24 $DEGEN

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Shakiba pfp

I never thought cutting rewards in half would actually benefit the users! It's interesting👍

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Pedram pfp

Who knows what will happen after today for cryptocurrency?

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