Halving Bitcoin: Why This Time Could Be Different
The fourth Bitcoin halving is approaching, and it holds potential surprises! With the supply subsidy falling to 3.125 BTC per block, the limited supply of 21 million coins remains a key consideration. The halving shifts incentives from miners who rely on Coinbase subsidies to transaction fee revenue, making fee collection crucial for sustainability.
This time, the inflation rate falls below 1%, causing concern among miners. BRC-20 tokens and ordinals introduce new dynamics, including the concept of âepicâ sats, adding value to specific blocks. Ordinal theory enthusiasts could spark a battle among miners, revamping the blockchain for the coveted âepicâ sat.
đPotential scenarios? Nothing happens, big mining companies take calculated risks, or a market for âepicâ sat develops, leading to prolonged disruption. âïž Regardless, this halving promises to be more than just a routine event, adding a fascinating layer to Bitcoin's evolution. Stay tuned for the epic sat saga!
