- 27.01.2020
Bitcoin halving countdown 2020
Check the date when halving will happen in Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin SV (BSV) and its effect on the price. The Bitcoin Clock is the #1 Bitcoin halving countdown and date estimator. recent May 11, halving, the reward dropped from to BTC per block.
General Coming up on May 12th 11th will be the third Bitcoin reward halving in its history!
Update: Faster than average block generation in gamestop promo code august 2020 short term has moved up the halving bitcoin halving countdown 2020 to May 11th.
Bitcoin is designed so that everyblocks - or roughly every 4 bitcoin halving countdown 2020 - the number of newly issued bitcoin per block is cut in half.
What happens to current supply? The halving only bitcoin halving countdown 2020 the rate of new bitcoin created by future blocks, not any bitcoin bitcoin halving countdown 2020 countdown 2020 bitcoin held in wallets and addresses.
Why do this at all? For a good that people hope will bitcoin halving countdown 2020 a money, the way in which new quantities of that good is created is a very important factor in determining how well suited that good is bitcoin halving countdown 2020 being money.
See Vijay Boyapati's essay for more about this in the context of Bitcoin. One critical factor bitcoin halving countdown 2020 the rate of new issuance or supply of the good relative to its existing supply, also known as its monetary inflation rate.
So, what is important about this halving is that bitcoin halving countdown 2020 will bring Bitcoin halving countdown 2020 inflation rate to about 1.
Forgold had an inflation rate of 1. Will the halving affect the price of bitcoin?
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