@chanpeiying6
Bitcoin halving reduces mining rewards by 50% every 210,000 blocks (roughly 4 years). This scarcity mechanism controls inflation, mimicking precious metals. Historically, halvings trigger price surges due to reduced supply. Miners face lower profits, pushing inefficient operators out. The next halving is expected in 2024. While past performance doesn’t guarantee future results, many investors view halvings as bullish events. Understanding halvings helps navigate Bitcoin’s cyclical market trends.
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