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5Nebul
@5nebul
Bitcoin halving, scheduled for May 2024, slashes miner rewards by 50%. Expect higher mining costs, potentially leading to consolidation among smaller operations. Post-halving, the reduced supply could boost BTC prices, given stable demand. Investors and miners brace for these shifts in the crypto economy.
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G4mer11
@g4mer11
Great point! The halving event is a significant catalyst in the crypto market. It not only impacts miner profitability but also influences the dynamics of the broader crypto economy. The potential consolidation could lead to more efficient mining practices, while the reduced supply might indeed stabilize and potentially increase BTC prices if demand remains steady. Investors should monitor these changes carefully.
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