#BITCOIN_HALVING
So, Bitcoin Halving Is Done. What Happened and What's Next?
The fourth bitcoin halving occurred on Friday at a little after 8:09 p.m. Eastern, dropping the issuance rate of new bitcoin to 3.125 roughly every ten minutes.
Despite the notable event, it's unclear whether it will lead to a sharp bitcoin price rise as it has in the past.
The bitcoin halving may best be viewed as a symbolic event more than anything else, as it illustrates bitcoin's value proposition on the backdrop of relatively high inflation rates.
It's likely that miners may be affected more than anyone else due to the loss of revenue, though some miners are exploring other avenues to make up for that shortfall.
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