Sin on Farcaster

Content pfp

https://onchainsummer.xyz

0 reply

26 recasts

26 reactions

Sin pfp

1/4 Did you know that #Bitcoin's halving is not just about cutting miner rewards in half? It's a mechanism to ensure decentralized growth, prevent power concentration, and promote energy efficiency. It's a self-regulating network.#Halving

40 replies

2 recasts

46 reactions

Sin pfp

2/4 Compare last year's income to today's, and you'll see that miners' rewards would have been cut in half without halving. So, what's the exact purpose of halving? It's not just about reducing rewards but about maintaining a healthy network ecosystem.

0 reply

0 recast

0 reaction

Sin pfp

3/4 Miners' income is directly related to the network's difficulty rate and Satoshi's design. These two were designed together to ensure the network's growth and prevent centralization of power. It's a delicate balance that keeps #Bitcoin thriving.

0 reply

0 recast

0 reaction

Sin pfp

4/4 As a result of halving, miners will fall into two categories: those with high energy consumption and expensive equipment will find mining unprofitable, and those who remain in the network will see their income distributed among the remaining active miners.

0 reply

0 recast

0 reaction

Pedram pfp

Who knows what will happen after today for cryptocurrency?

1 reply

0 recast

1 reaction

Hamid 🎩🎭 pfp

There is really a great idea behind it

0 reply

0 recast

1 reaction

MarMar 💎 pfp

Thanks for your useful information

0 reply

0 recast

1 reaction

Dorsa pfp

Thanks for the useful information 4 $DEGEN

0 reply

0 recast

1 reaction

Dr.Ensi Alizade pfp

Dr.Ensi Alizade

This is a good description 👍🏻

0 reply

0 recast

1 reaction

Ali 🔵 pfp

Yes, that's right

0 reply

0 recast

1 reaction

Heisenberg 🎩 pfp

Heisenberg 🎩

Thank you for useful information

0 reply

0 recast

1 reaction

rez 🍖🎩 pfp

i think halving will rise the bitcoin price to 100000

0 reply

0 recast

1 reaction

Huke pfp

I didn’t know Tnx

0 reply

0 recast

1 reaction

Ariya pfp

Yes i did Its mechanism is perfect Even More perfect than some countries economy system 😂 18 $DEGEN

1 reply

0 recast

1 reaction

Nihhad... pfp

Remember، less is not always bad. Sometimes less is more.

0 reply

0 recast

1 reaction

mili pfp

In the realm of Bitcoin, halving is not merely a process; it's a pivotal recalibration, where scarcity and strategy intertwine, plotting the next epoch in the saga of digital gold.

1 reply

0 recast

1 reaction

Mojtaba pfp

I always follow tech info

0 reply

0 recast

1 reaction

Queen 👑 pfp

A great future awaits Bitcoin; Bitcoin is great

0 reply

0 recast

1 reaction

ISA 🎩 🍖 pfp

Halving is a wonderful event! 24 $DEGEN

0 reply

0 recast

1 reaction

Shakiba pfp

I never thought cutting rewards in half would actually benefit the users! It's interesting👍

1 reply

0 recast

1 reaction