For the past few months, the blockchain community has been abuzz about the Bitcoin (BTC) halving happening in May.
Bitcoin’s halving refers to the halving of the payouts to Bitcoin miners when they mine a block.
Halving doubles the cost per Bitcoin: half the reward for the same cost to miners.
As a result, they will hold and limit new Bitcoin supply until the price is right to cover these costs.
At that “peak Bitcoin” point, we will have three years to find alternatives before the entire cryptocurrency market implodes.

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