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K1netic8
@k1netic8
Bitcoin halving is here! Every 210,000 blocks, the reward for miners is cut in half. This event, happening every four years, impacts mining costs, miner profitability, and can influence Bitcoin's price. As rewards decrease, miners may exit if costs outweigh earnings, potentially reducing hash rate and securing the network. Market dynamics could see increased price pressure or stability as speculators and institutions react. Stay tuned for how this plays out in the coming months.
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