Bittensor Network Enters New Phase with First Halving Event

Bittensor's maiden halving is now live, slashing block emissions from 1 TAO to 0.5 TAO—a pivotal shift reshaping both the mining and validator landscape along with subnet economics. This isn't just a supply mechanic; it fundamentally alters incentive structures across the network's infrastructure layer.

The move carries meaningful implications heading into 2026. With circulating supply becoming more constrained, the spotlight shifts squarely onto actual demand fundamentals. Miners and validators face adjusted profitability models, forcing genuine evaluation of subnet utility and network value creation.

This structural compression acts as a narrative inflection point, signaling the ecosystem's maturation from pure expansion phase toward scarcity-driven mechanisms. The coming months will reveal whether TAO's demand thesis holds up under tighter emission conditions.