Will Bitcoin's halving provide a long-term boost to miners?
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Leading Bitcoin (NASDAQ:BTC-USD) miners are working hard to boost output and efficiency in the run-up to the 2024 Bitcoin halving. Slated for some time between April 19 and 20, the block reward will fall from 6.25 to 3.125. The Bitcoin halving occurs every four years, ensuring deflation. Bitcoin investors monitor the event because it frequently raises the cryptocurrency’s price, which currently needs a boost after falling 8% below $62,000 due to global fears. Consequently, by mid-2024, our first