Why does the Halving increase price? #btc #halving #april

Video Transcript

Why does the price of Bitcoin go up after the harving well the short sweet Finance bro answer to this is the supply of freshly mined Bitcoin is cut in half and so with the same amount of demand out there the price goes up it explains things from a price perspective but what

About a value perspective well a miner converts a quantity of electricity exchanged through a machine to earn a quantity of Bitcoin so his electrical Bill stays the same but if the Haring comes along it cuts the amount of Bitcoin in half so now he needs to use twice as much electricity to produce

That same Bitcoin this means that Bitcoin has an electron value so if it’s 400,000 Kow to produce a Bitcoin now you need 800,000 KW the electron value of Bitcoin has doubled and so for miners it’s the doubling whether it’s the finance Bros it’s the Haring