What is Bitcoin halving and how does it effect the crypto ecosystem !

Basically,Bitcoin Halving is when Bitcoin's mining reward is split in half. It takes the blockchain network about four years to open 210,000 more blocks, a standard set by the blockchain's creators to continuously reduce the rate at which the cryptocurrency is introduced.

The next halving is expected to occur in 2028, when the block reward will fall to 1.625 BTC

KEY TAKEAWAYS AND HIGHTLIGHTS

1.Lower the available amount of new supply.

2.INFLATION-The Bitcoin Halving is intended to counter any inflationary effects on Bitcoin by lowering the reward amount and maintaining scarcity.

3.Demand increases

4.Investing -Investors poured into the new asset space, creating demand that the cryptocurrency's designers may not have anticipated. For investors, a halving represents a reduction in the new coin supply, but it also offers the promise of an increase in investment value if the event's effects remain the same.

5.EFFECTS ON MINING- halving cuts mining rewards, so the endeavor becomes less profitable with each halving if prices remain the same or drop. The large-scale mining facilities needed to remain competitive require enormous amounts of money and energy. The equipment and facilities need maintenance and people to conduct it. They also need to upgrade their mining capacity to maintain their position in the industry.