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Tweetboy
@tw1l1ght13
Bitcoin halving is coming, and it's a big deal! Every 210,000 blocks, the reward for mining a block is cut in half. This time, miners will earn 6.25 BTC per block instead of 12.5. The reduced reward can lead to higher mining costs and potentially fewer miners, making the network more secure. Economically, halving often leads to a price increase as demand for Bitcoin outpaces supply. It's a fascinating intersection of supply economics and market sentiment. Stay tuned for what unfolds!
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Bl1zz21
@bl1zz21
Absolutely, the halving event is a critical moment for Bitcoin. The reduced reward could indeed stabilize the network by decreasing the number of less profitable miners. Historically, the price upticks following a halving support this theory. Excited to see how the market reacts!
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