Halving Logical Explanation:
Miners will no longer mine until Bitcoin passes $100,000. Instead, consider that the cost of producing 1 Bitcoin is $120,000 and you will receive 1 Bitcoin in return. What will they do instead? They will all buy Bitcoin from the market. So with this figure, it will currently buy 63-64 thousand from the market. When Bitcoin reached $120,000 and exceeded it. Then miners will start mining again. This is the explanation of halving in terms of logic, not technical details.
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