‘Halving’ of reward for bitcoin miners - Business - NEW YORK: The bitcoin market on Friday engineered the “halving” of the reward for operating the cryptocurrency, a much-anticipated step designed to limit p.
The first Bitcoin 'halving' event in four years due next week will kickstart a new chapter for the world's biggest cryptocurrency and the scale at which it is mined.
Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say. "The block reward halving tends to shake-out the weaker mining operations," Simon Peters, analyst for trading company eToro, told AFP.
Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.