Part 7: Looking Forward to a New Post-Halving Reality for Bitcoin
4th Halving Date ETA: 20 April 2024, 01:20 UTC
The Bitcoin halving is a cornerstone event in the cryptocurrency world, drastically altering the landscape of the entire crypto industry, every four years by halving the reward for mining new blocks in the Bitcoin blockchain. This mechanism, set by Bitcoin’s creator, Satoshi Nakamoto, not only reduces the rate at which new Bitcoins are created but also plays a crucial role in Bitcoin’s market dynamics and its perception as a digital gold equivalent.