"Bitcoin Halving: Impact on Miners and Institutional Influence"
TL;DR Summary
The upcoming "halving" of Bitcoin, a software update occurring once every four years, is expected to result in a significant decrease in revenue for cryptocurrency miners, potentially amounting to a $10 billion blow. This decline comes as a result of increased costs and could impact the smooth functioning of the digital currency.
Topics:business#bitcoin#cryptocurrency#cryptocurrency-miners#halving#revenue-decline#software-update
- Bitcoin 'Halving' Will Deal a $10 Billion Blow to Crypto Miners Bloomberg
- Soft Landings Are Rare. We Had One in 1967, and Ended Up in an Inflationary Storm. Barron's
- This Bitcoin halving will be different — the institutions are here Blockworks
- Could Bitcoin Really Gain Another $1 Trillion in Value After the Halving? Yahoo Finance
- Get ready, the Bitcoin 'halving' is coming — and there are reasons to be bullish New York Post
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