Bitcoin (BTC) Halving Might Bring Suffering in Short Term, Analyst Charles Edwards Says

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Some miners will not be happy about effects of upcoming BTC halving

As the fourth Bitcoin halving is getting closer, cryptocurrency analysts publish various forecasts about its potential impact on the digital asset market. While most of the forecasts are bullish, some theories might sound alarming for miners.In general, the halving of miner rewards is great for Bitcoin and the entire cryptocurrency segment in the long run.

The mining rewards will drop from 6.25 BTC per block to 3.125 BTC per block. As such, some miners with less energy-efficient hardware might go underwater in the next cycle. Thus, Bitcoin becomes a scarcer asset, which, combined with the limited net supply, makes it more valuable economically.by the role of the BTC halving in the tokenomics of the orange coin:

 

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