Dispelling Rumors of a Threatening Bitcoin Network! Fidelity Releases Research Refuting Halving Issues that Reduce BTC System Stability



Fidelity Digital Assets has released a new research report refuting the belief that each Bitcoin Halving weakens the network. Analysts point out that daily earnings for miners have increased from around 873,000 THB during the first Halving to over 1,334 million THB currently. While publicly traded miners are beginning to turn to AI businesses to cope with short-term pressure,
🔍 Fidelity Confirms: Halving Doesn't Weaken Bitcoin
Fidelity Digital Assets (the digital asset subsidiary of Fidelity Investments, one of the largest asset management groups in the United States) recently released a new research report that counters the long-standing criticism that the Halving event (the automatic reduction of Bitcoin mining rewards in half, which occurs approximately every four years according to the protocol) will gradually undermine the security of the Bitcoin network.
The report, written by Daniel Gray, a research analyst at Fidelity, states that Bitcoin's security does not depend solely on the Block Reward (the amount of BTC miners receive when they successfully verify a transaction in a new block). Transaction fees, market incentives, and other economic drivers keep miners motivated to maintain network security and make attacks on the network too costly and unprofitable.
The criticism directly addressed in this report is that the reduction in the Block Reward may erode miners' incentives in the long term. If transaction fees don't grow enough to compensate — a point that developers and players in the Bitcoin market are still debating and one of the most important long-term questions for Bitcoin —
💰The numbers prove it: Miner earnings are still ‌increasing even as Halving continues.
Since April 20, 2024, Bitcoin miners have received a block reward of 3.125 BTC per block, down from the previous Halving period which saw them receive as much as 6.25 BTC.$BTC
BTC-1.22%
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