HIVE:CC - How the Upcoming Bitcoin Halving Could Affect the Crypto Industry
Every few years, a significant event captivates the crypto world: Bitcoin halving. This eagerly anticipated occurrence slashes the rewards for Bitcoin miners in half, directly impacting the rate of production and the available supply. With the upcoming halving scheduled for 2024, speculation is mounting about its potential effects on the wider crypto market.
The looming question is: Will prices soar due to the reduction in new coin supply, or will the dwindling rewards undermine the crypto’s mining infrastructure? While the exact outcomes are uncertain, one thing is...
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