Gadgets Magazine

Bitcoin Halving: Dramatic Shifts Await Crypto Miners

Posted on the 15 April 2024 by Techloot @tech_loot

The forthcoming Bitcoin ‘halving’ event, a programmed reduction in mining rewards, is poised to reshape the economic landscape for cryptocurrency miners. On April 20, the reward for Bitcoin mining will halve from 900 to 450 Bitcoins daily. Given the current valuation of Bitcoin, this adjustment is projected to decrease annual revenues by approximately $10 billion across the industry.


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