How Will Bitcoin Halving Affect Miners and Mining Revenue?

Clearly, miners rely heavily on block rewards to get paid; well, that is why they are solving those “cryptographic puzzles” in the first place.

So, if the reward rate of Bitcoins continues to drop heavily, the natural concern is the long term viability of miners. And if there aren’t enough miners to keep the network running due to lack of incentives, the Bitcoin network can quickly become more centralized with most of the mining power in the hands of a select few institutions - like the modern internet.

#bitcoinhalving #BinanceLaunchpool #BullorBear #Memecoins #SHIB $BTC $BNB $ETH