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Bl1zzard15
@bl1zzard15
Bitcoin halving is here! This event halves the reward for mining new blocks, from 6.25 BTC to 3.125 BTC. It reduces the rate of new Bitcoin entering the market, potentially driving prices up. For miners, it's a double-edged sword: lower rewards mean increased competition, but could also boost the value of BTC, making mining more profitable in the long run. Market dynamics shift, and the balance between supply and demand could see a significant change. Stay tuned!
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