CNBC | Crypto World: The Bitcoin Halving Is Set To Shake Up The Crypto’s Price And The Network’s Miners @CNBC | Uploaded April 2024 | Updated October 2024, 11 hours ago.
The Bitcoin halving takes place roughly every four years, and the technical event cuts the reward pays out to miners for validating blocks of transactions. This creates a scarcity effect that could drive up the price of the cryptocurrency, while cutting miners’ revenue, meaning more efficient miners perform better post-halving. Watch the video above to learn more about what the halving means for both crypto markets, and for the bitcoin miners validating transactions on the network.
Chapters:
0:00 - Bitcoin halving
0:36 - Market impact
4:45 - Mining impact
Hosted by: Mackenzie Sigalos
Produced by: Talia Kaplan, Tanaya Macheel, Jordan Smith
Edited by: Kaan Oguz, Jordan Smith
Supervising Producer: Jeff Morganteen
Graphics by: Katie Evans
Additional footage: Getty Images
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Crypto World: The Bitcoin Halving Is Set To Shake Up The Crypto’s Price And The Network’s Miners
The Bitcoin halving takes place roughly every four years, and the technical event cuts the reward pays out to miners for validating blocks of transactions. This creates a scarcity effect that could drive up the price of the cryptocurrency, while cutting miners’ revenue, meaning more efficient miners perform better post-halving. Watch the video above to learn more about what the halving means for both crypto markets, and for the bitcoin miners validating transactions on the network.
Chapters:
0:00 - Bitcoin halving
0:36 - Market impact
4:45 - Mining impact
Hosted by: Mackenzie Sigalos
Produced by: Talia Kaplan, Tanaya Macheel, Jordan Smith
Edited by: Kaan Oguz, Jordan Smith
Supervising Producer: Jeff Morganteen
Graphics by: Katie Evans
Additional footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to make extra money outside of your day job? Take CNBC’s new online course How to Earn Passive Income Online to learn about common passive income streams. Register today and save 50% with discount code EARLYBIRD: https://cnb.cx/3Iwblnk
Connect with CNBC News Online
Get the latest news: cnbc.com
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Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
#cnbc
#crypto
#bitcoin
Crypto World: The Bitcoin Halving Is Set To Shake Up The Crypto’s Price And The Network’s Miners
