**Bake Bitcoin, Analyst: Halving TAO Next Week Will See a Surge**

Bittensor (TAO) will conduct its first halving next week, from Friday to Sunday (14/12). According to Grayscale Research Analyst Will Ogden Moore, this event could serve as a positive catalyst.

"The early success of several subnet-based applications and increased institutional capital in the Bittensor ecosystem, combined with the reduction in supply, could serve as a positive catalyst for prices, in our view," he wrote in Grayscale's official report.

It is known that the halving in Bittensor reduces the rate of creation of new token $TAO on the Bittensor network. Like Bitcoin, $TAO has a supply of 21 million and halves its emission rate every four years.

More specifically, the way halving works is that every 12 seconds, one block is completed that produces 1 $TAO for miners, validators, subnet owners, and delegators. Thus, this generates 7,200 TAO daily and will drop to 3,600 TAO.

_Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR)._