BITCOIN HALVING 2024 EXPLANATION

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Bitcoin halving happens every fourth year, and the rate of mining reward gets cut by half, presuming a similarity between Bitcoin and precious metals. The most recent halving in the year 2020 has brought rewards down to 6.25 coins per block with the next one anticipated in the year 2024. This comes as no surprise considering fiat currency's infinite supply compared to Bitcoin's scarcity, which in turn preserves its value against inflation. However, historically, after halving the miners' short-term earnings decrease, but their cryptocurrency worth increases over time. However, it is a source of difficulties for small miners and might lead to mining consolidation. 
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Sat, Jun 29, 2024

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Untitled Part 1
Sat, Jun 29, 2024

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