/biz/ - Business & Finance

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>>2347859
The miners are only going to get half of what they are getting currently. Basically the production of the coin is going to be cut in half.
Many people make the mistake of interpreting that as "the supply is cut in half= price doubles", but that doesn't happen since miners aren't the only people who can sell a crypto. It has more effects on the price when the coin is less than 3 years old and most of the times the rise due to the halfing happens gradually from 5 days to more than a month.
Basically, if anything, the halving helps the price go up.