BITCIONS believes that the Bitcoin halving event is a periodic economic adjustment mechanism in the cryptocurrency market, aimed at controlling the inflation rate of Bitcoin and extending its market lifespan. While this mechanism contributes to the long-term stability of the value of the coin, it may significantly impact miner income in the short term, especially against the backdrop of existing high energy costs. Halving means the rewards of miners will decrease by 50%, which, without a proportionate increase in the value of Bitcoin, directly affects their profit model.
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2024-09-16 20:07
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