CryptoLegend
Mon Jul 08 2024
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7 answers
1804
What is the bitcoin halving mechanism?
Could you elaborate on the bitcoin halving mechanism? I'm curious to understand how it works and its significance in the cryptocurrency ecosystem. Specifically, I'd like to know how often the halving occurs, what triggers it, and how it impacts the supply and demand of bitcoin. Additionally, I'm interested in how the halving affects miners and the overall market sentiment. Your explanation would be greatly appreciated as I strive to gain a deeper understanding of this intricate topic.
