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Bitcoin Halving: The Crypto Industry Prepares for Its Biggest Event Every Four Years
Four years later, the Bitcoin Halving is finally here, and it will cut the block reward in half from 6.25 BTC to 3.125 BTC.
This directly affects miners, but their interest remains strong due to technological advances.
Analysts agree that the effect will be more gradual due to the theoretical maturity of the sector.
The Bitcoin Halving of 2024 is just a few hours away. It is the most important event in the crypto world every four years. This event is part of the very structure of the world’s most popular cryptocurrency and will divide the reward for each block by two. Everything is happening as planned, but it has some important consequences. Here is how the main companies in the sector are reacting and what their vision is on the impact this Halving may have.
Bitcoin miners will earn half as much. 210,000 blocks later, the Bitcoin Halving arrives to try to control Bitcoin inflation. The main ones affected are the miners. Their reward will be halved and they are well aware of this. The solution is to invest in better machinery to compensate for lower profits.
State-of-the-art machines continue to compensate. According to Charles Guillemet, CTO of Ledger, this Halving has caused the Bitmain S21 to be…