How will the BTC mining difficulty level affect validators (btc miners) due to 1/2 reduction in reward after the next halving and possible backlash on general ecosystem?
Please as simple as you can I'd love to get your explanation on this.
I've made previous post regarding this and I'm still making enquires to deepen my understanding so understand me no bad talks please
https://bitcointalk.org/index.php?topic=5458334.msg62494066#msg62494066I think that it would affect the price of
BTC, since mining process becomes longer and more difficult. Moreover, the quality of mining hardware improves after or immediately before halving, so that mining process changes. So, in general, every halving is the chance to improve technical abilities of the network. Price of
BTC usually goes up for a bit.