We are about to presence one more Bitcoin halvening also dubbed halving that will cut the actually Miners reward to half, from the actual 12.5 BTC to 6.25 BTC. This is a crucial event happening  in the Bitcoin core network in order to follow the right development in the Bitcoin ecosystem.

There are expeculations about the price of Bitcoin based in last two events which took the value to reach of the asset to break all time high prices, the last Halvening took BTC to touch the price in $20,000. Many people are just focusing in the "moon" of Bitcoin but there are things happening in the crypto ecosystem that many are not aware!

What things are happening behind the scenery of Bitcoin?!

​All Crypto space is excited and waiting to see what will really happen before or after the halving, the only thing that we know for sure is that the Miners reward will be cutted to half and price may go up (based in last events, nothing certain), but there's more to face during this period. As direct result from Halvening many Miners could start having serious issues to pay the cost to mine a Bitcoin, and to avoid getting bankrupt they will find solutions to survive in the market, some will definitely sell their mining machines, others will join forces with large companies or will prevail trying to continue the business by themselves.

​​​​But things will not be that easy to this small miners, most due to some companies that are taking advantage of mining and having resources to become big Pools will definitely benefit from the coming halving. 

Binance Crypto Exchange mining pool entered the Mining business and is slowly growing in the business. They started with located in position 11 last week and they continue to grow strongly, and this  they are in the position 10. Of course the entrance of this large companies with resource and qualified personnel is a clear announce that the next stage to mine BTC will be very disputed and the ones with power will remain, others will have to survive in trading or buying direct BTC.

Conclusion.

Halvening will happen in about 5 days from now and all the crypto space is euphoric about, but things are not yet concluded and we have no clue what will happen when we reach halving or after it, the thing that we can be sure is the cut in reward. All coming after is pure speculations, of course price can go up (what will be very exciting) and surely the market will be more competitive!

*Republished article find also at Uptrennd platform from my authorship here.

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