The 2024 Bitcoin Halving: A BTC Value Boom or a Survival Crisis for Miners?
From Nasdaq:
Crypto enthusiasts are gearing up for Bitcoin’s 2024 halving, an event with a history of reshaping the market. Bitcoin is designed to become increasingly scarce over time, leading to its reputation as “digital gold.” The upcoming halving will reduce the reward for mining new blocks to 3.125 BTC. Post-halving growth patterns indicate potential for a 155.79% increase in Bitcoin’s price, with miners facing challenges due to reduced rewards. Only those with efficient technology and affordable energy will survive the 2024 mining landscape changes. The event promises to be a game-changer, impacting both mining operations and Bitcoin’s market price.
Read more: The 2024 Bitcoin Halving: A BTC Value Boom or a Survival Crisis for Miners?