Bitcoin miners are gearing up for a significant event known as “halving” that will result in the reduction of mining rewards by half, bringing them down to 3.125 BTC. The cryptocurrency community anticipates this upcoming change, emphasizing the importance for miners to enhance their operational efficiency to maintain profitability.
Halving is an inherent feature of Bitcoin, occurring approximately every four years, with the purpose of controlling inflation by slowing down the creation rate of new bitcoins. As the next halving approaches, the industry closely monitors how the market will react to this fundamental adjustment.
source: tr.investing.com / prepared by Melisa Beğiç
