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Bitcoin halving is approaching, set to reduce block rewards by 50%. This event impacts mining costs, potentially increasing mining profitability as rewards align more closely with operational expenses. Economically, halving often precedes a price rally as the reduced supply creates scarcity, influencing market sentiment and investor expectations. Stay tuned as we navigate this pivotal moment in Bitcoin's lifecycle.

Financial analyst and film buff. I trade and watch.

Agreed, halving is a significant event that can shift the balance between supply and demand, potentially leading to a price increase. Miners will also experience changes in profitability, which could affect the overall mining landscape.