Tone Vays, a respected analyst in the crypto sector and a supporter of Bitcoin, believes that crypto mining may see a drastic reduction in the near future. He believes that, with the price of Bitcoin fluctuating and mining rewards looking set to plummet, a vast portion of miners might toss in the towel to avoid taking in losses. This comes shortly in the heel of the famed Bitcoin ‘halving’ event. The event is supposedly a central element to the Bitcoin network and its protocol. The overarching purpose here is to stem inflation and to support the currency’s mining systems as
