![Bitcoin (BTC) Halving Is Poised to Unleash Darwinism on Crypto Aoyon Ashraf](https://btcusa.com/wp-content/uploads/2023/12/Bitcoin-BTC-Halving-Is-Poised-to-Unleash-Darwinism-on-Crypto-678x381.jpg)
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Historically, the event has increased bitcoin prices exponentially, creating generational wealth for investors – but a presenting challenge for the miners that actually create BTC. During the third halving, which occurred in 2020, bitcoin’s price went from around $8,500 to nearly $18,000 within a few months, while the reward for successfully mining a block was cut to 6.25 BTC from 12.5 BTC.
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