With just ~24 hours left until the Bitcoin halving, the anticipation is building up for this significant event in the cryptocurrency world.
The halving will reduce the mining reward to 3.125 bitcoins, following a historical pattern of price surges post-halving. This process, initiated by Satoshi Nakamoto, aims to maintain Bitcoin's scarcity and respond to traditional monetary policies.
As of March 2024, around 19.68 million bitcoins are in circulation, with just 1.32 million left to be mined.
The upcoming halving event sparks discussions on Bitcoin's future scarcity, price volatility, and network security, impacting stakeholders like investors, miners, and enthusiasts.
Stay tuned for the post-halving effects and explore the Bitcoin birth story for more insights 👇
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