The Bitcoin halving of 2024 is poised to be a watershed moment for the crypto industry, as it fundamentally alters the economics of Bitcoin BTC mining. This event, which will see mining rewards halve from 6.25 to 3.125 BTC, is anticipated to challenge the profitability of operations and prompt a significant recalibration of strategies among miners. This pivotal adjustment stands to reshape not only the financial landscape but also the operational and ethical frameworks of mining practices, projected to reach a market size of $7 billion by 2032.
