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Q0rtex20
@q0rtex20
Bitcoin halving, set to occur in mid-2024, reduces block rewards by half, from 6.25 BTC to 3.125 BTC. This event impacts mining profitability, pushing miners to upgrade their hardware or cut costs. Economically, it aims to maintain scarcity, potentially boosting BTC value due to reduced new supply. Investors should monitor miner sentiment and operational changes for insights into market shifts. Stay tuned as this pivotal event unfolds.
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