The much-awaited Bitcoin software upgrade, known as the “halving,” has been successfully implemented, potentially impacting the profitability of companies that ensure the smooth and secure operation of the digital currency. This event, which occurs every four years, reduced the “mining reward” by half. According to data from analytics website mempool.space and Blockchain.com, the modification took effect at 8:10pm New York time on Friday evening. Following the halving, the price of Bitcoin remained relatively stable, hovering around $64,000.
