The halving, which occurs approximately every four years, reduces the rate at which new bitcoins are created, thus enforcing scarcity and potentially driving up the cryptocurrency’s value. However, for miners, this means an immediate halving of revenue from mined blocks, assuming the price of bitcoin does not increase proportionately.

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• Source: https://www.coindesk.com/consensus-magazine/2024/04/02/how-the-bitcoin-halving-could-affect-network-security/?utm_medium=referral&utm_source=rss&utm_campaign=headlines