Summary
TLDR: Bitcoin halving expected on April 18 instead of April 28 due to surge in price attracting more mining power and speeding up network.
Key Points
1. The Bitcoin halving event was originally expected to occur on April 28th, but due to the surge in Bitcoin’s price, it has been moved up to April 18th.
2. The increase in Bitcoin’s price has attracted more mining power to the network, resulting in a faster processing speed for transactions.
3. The halving event will have a significant impact on the Bitcoin ecosystem, as it will reduce the reward for miners by half, potentially affecting the overall supply and demand dynamics of the cryptocurrency.