RE: Bitcoin price 220125

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Thank you for the update. Can you please tell me what happens when bitcoin halving happened?

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The amount of new Bitcoin that is created with every solved Bitcoin block is cut in half. Half as many bitcoin will be the reward for miners who secure the blockchain. "As of now, the block reward is 3.125 coins per block and will decrease to 1.5625 coins per block post halving." Therefore, Miners will need higher prices to create Bitcoin profitably after 2028.

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