"Bitcoin's Fourth Halving Triggers Investor Alert as Block Subsidy Drops"

1 min read
Source: The Block
"Bitcoin's Fourth Halving Triggers Investor Alert as Block Subsidy Drops"
Photo: The Block
TL;DR Summary

Bitcoin has completed its fourth halving, reducing miners' block subsidy reward from 6.25 BTC to 3.125 BTC. This event marks a new epoch for the network, with hopes of landing on the memeable date of 4/20 failing to materialize for the U.S. market. The reduction in subsidy rewards could see some miners exiting the market, potentially impacting the network's processing abilities. Transaction fees will become increasingly important for miners as the primary revenue stream, and the industry anticipates a shift in mining power and increased innovation and efficiency improvements within the sector.

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