Cryptocurrency

US GOVERNMENT BETS EVERYTHING ON BITCOIN MINING !!!! – BITCOIN NEWS TODAY



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In a gamechanging move the US government goes all in on Bitcoin mining with 40% of the total hash rate the US now leads to charge industry expert jiren Maller shuts the light on this s Mystic shift stay tuned as we explore the implications of America’s strategic bat on Bitcoin mining don’t forget to

Subscribe like and share and let’s start so let’s talk about the Bitcoin Halloween and posst Halloween first of all I’ve seen many people here on C he predicting a discount on alt and some say a minus 50% discount for as from from the ass from the CMP to provide a

Thoughtful comparison and assets the potential impact of the upcoming Bitcoin Hing on the market including a possible % downturn in altcoins let’s first review some historical context around the Bitcoin hings and their past effect on cryptocurrency markets that analyze the current data and the ETF Catalyst historical context of Bitcoin hings

Bitcoin hings scal event that occur approximately every 4 years or after 210,000 blocks are mined reducing the reward for the mining new blocks by halin as this mechanism is built into the Bitcoin code to ensure its scarcity mimicing the process of Hing the supply of a resource like gold historically

Hings have had significant impacts on the bitcoin’s price and the broader cryptocurrency Market due to the redused PACE at which new Bitcoins are generated which can lead to a supply shock if demand remains St or increases so past Hing and Market response first Hing 2012 the first Bitcoin Hing occurred in

November 2012 reducing the mining reward from 5 to 25 Bitcoins as the event was followed by a significant bull market in 2013 second Halloween 2016 the second Halloween in July 2016 saw the mining reward drop from 25 to 12.5 Bitcoins as this was followed by a bull market in

2017 culminating in Bitcoin reaching nearly $20,000 in December December 2017 as the third Halloween 2020 the third Halloween in May 2020 reduced their reward from 12.5 to 625 Bitcoins and despite the initial uncertainty the year following saw a significant Bull Run was Bitcoin reaching a new ultime highs

Analyzis of current data and Trends to assess the potential impact of the next Hing and whether a 50% downturn in altcoins is likely we need to consider several facts supply and demand Dynamics the hen reduces the rate at which new bit coins are created potentially leading to supply constraints and if

Demand continues to grow this could push prices up not down as Market Cent and external factors the broader economic environment regulatory changes and technological advancements in the blockchain space can significantly influence the market sentiment and the price of Bitcoin and altcoins so historical patterns versus future predictions while historical historical

Patterns suggest a bullish Trend following halings each cycle is unique and past performance is not in indicative of future results factors such as Market maturity increased institutional involvement in this case the Bitcoin ETF and a broader adoption of cryptocurrencies could affect the outcome differently this time given considerations predicting a 50% downturn

In altcoins past Hing is speculative as altcoins tend to follow bitcoin’s lead but with higher volatility as a downturn could occur if the market reacts negatively to external pressures or if the Hing leads to a sh term sell off however the long-term impact is harder to predict and could just as well be

Bullish if historical patterns repeat the question now is what will happen differently in 2024 the next the next up we go for Bitcoin at 61,000 is imminent if the a equal CD pattern were to play out Bitcoin would reach the 61,000 ther than many could actually expect the

Bitcoin price is currently trading at 1.44 f 45x as the 200 day moving average price the last time where this ratio moved above 1.5 was November 2020 and historically it’s been a good indicator for the start of the bull market as well uh that’s a really great sign not

Listening to my financial adviser best move Bitcoin education education is better than any Financial advice so 5 years ago I made an appointment with a financial adviser at Charles swap to transfer my traditional retirement account there I only knew Bitcoin was the magic uh Digital internet money and

Really wanted to buy some or at least incorporate some of it it into my retirement account during the advisor’s chat with me I asked him what he thought about Bitcoin he said don’t ever use the b word with me or anybody in this office his face turned red and he truly acted

Angry and offended I stood up and walked out later that day I bought and read the Bitcoin standard and Dove had first into the videos podcast Etc 6 months later I put ever seen into a multi- seek retirement account and have never looked back the best decision I ever made the

Next four is the Bitcoin ownership distribution so Bitcoin ownership distribution for February 2024 we have 714k Bitcoins is 3.4% is miners satachi 1.1 million Bitcoin is 5.2% then we go for lost Bitcoins by estimation is 17.6% which is 3.7 million Bitcoins which is already makes Supply way lower that than

The actual 21 million that we have for all time and more can be lost in the future 81.7 to 134 130.4 million individuals hold 12 million Bitcoins businesses 78,000 Bitcoin 3.6% funds ETFs 88,000 Bitcoins which is 3.9% then we go for governments 565,000 Bitcoins 2.7% and a

6.6% is still to be mined which is 1.3 uh almost 1.4 million Bitcoins next St Mr 100 is active again buys 100 Bitcoins several times again and there’s the chart from September 2022 and updated for 2025 from 15,000 to 53,000 in just 1.5 years wow if you’re curious about

Investing the best way to read the market is to be a Trader us dominates Bitcoin mining as global hashy distribution evolves so the global landscape of Bitcoin mining is undergoing a significant shift where the United States now leading the charge commanding an impressive 40% of the total hash rate China WS the uncontested

Giant in the field now holds 15% of the mining power followed by Russia 12% this information highlighted by industry expert Jaren Mard reflects the dynamic and rapidly changing sector this geographical distribution of mining power has notable Gap particularly in Africa and Latin America which currently contribute minimally to

The global hash rate however industry forecast suggest that these regions are on the cusp of the transformative Rising cryptocurrency mining activities within the next 1 to two years the current distribution presence a Stark in contrast to the historical concentration of mining power in China policy shifts and Regulatory crackdowns have dist

Redistributed the hash rate across the globe with countries like Kazakhstan and Malaysia also emerging a significant players each contributing 3.5 to 3% respectively and the United Arab Arab Emirates is positioning itself as a new Hub accounting a 3% of the global hash rate so the movement of Bitcoin mining

Into divers scale political areas is not only a testament to the resilent nature of the network but also signals a broader acceptance and integration of cryptocurrency mining into various economics as this decentralization of mining operations is critical for the stability and security of the Bitcoin Network uring no single country can

Export undue influence over the blockchain and as the industries continues to evolve eyes are on the regions like Africa and Latin America where untapped potential and the promise of economic benefits could lead to a surch in lockal mining operations the expansion of Bitcoin mining into these territories is poised to offer a more

Inclusive and balanced global hashrate distribution strengthening the backbone of the world’s Premier cryptocurrency that’s all the information we have for today’s video so don’t forget to subscribe like and care see you in the next one and peace

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