The article discusses experts’ predictions that the network hashrate of Bitcoin could decline by 30% after the next halving event, expected in April 2024. The reduction in miners’ rewards might lead to decreased profitability unless the price of the cryptocurrency increases in the market. However, previous halving events did not have significant repercussions, and the hashrate recovered within a few weeks. The article also mentions the relationship between halving, hashrate, and the price of BTC, with fewer coins mined potentially leading to less inflation and an appreciation of the asset.
AI Sentiment: Negative
