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Bitcoin's halving, happening roughly every four years, cuts the reward for mining in half. This reduces the supply of newly minted BTC, potentially boosting its price as demand outpaces supply. For miners, it's a double-edged sword: lower rewards mean higher costs can lead to some exiting the market, reducing hash rate and centralizing mining power. Yet, it also attracts long-term investors and could stabilize or even increase prices, benefiting hodlers. Stay tuned for how this plays out!