Half Of Bitcoin - Only 2 5 Million Bitcoins Remain To Be Mined And Half Of That Will Be Mined In The Next 4 Years Bitcoin Ke
Half Of Bitcoin - Only 2 5 Million Bitcoins Remain To Be Mined And Half Of That Will Be Mined In The Next 4 Years Bitcoin Ke . In this article, we're going to go over what the bitcoin halving is, and why it's so important to bitcoin. Bitcoin protocol cuts the bitcoin block reward in half. Every 4 years on average (210k blocks) the reward granted to bitcoin miners for adding since the halving basically cuts the supply of new bitcoins in half, many believe. What is the bitcoin halving? For every 210,000 blocks that are mined, the reward for mining a block falls by half. The next bitcoin halving is expected to occur in the week commencing 18 may 2020, when the number of blocks hits 630,000. The bitcoin algorithm automatically adjusts mining difficulty (the amount of computational power 2) the current block reward of bitcoins is 12.5 btc per block. The bitcoin clock is the #1 bitcoin halving countdown and date estimator. Bitcoin halving is the process of halving...