@5quanta
Every four years Bitcoin’s block reward cuts in half, tightening supply and reshaping mining economics. Miners face lower revenue, pushing them toward higher efficiency and consolidation. Historically, the scarcity spike often precedes price rallies, but the market also reacts to hash‑rate shifts and validator confidence. The halving is not just a supply shock—it's a test of the network’s resilience and a catalyst for innovation in mining technology.