Who Will Be The Victors of The Bitcoin Halving Event?

Written by richardr | Published 2020/05/10
Tech Story Tags: bitcoin-halving | bitcoin | btc | bitcoin-price | latest-tech-stories | bitcoin-spotlight | bitcoin-halvening | what-is-halving-of-bitcoin

TLDR Bitcoin’s halving is estimated to take place on May 12th, 2020, and it will slash the reward miners get from 12.5 BTC to 6.25 BTC. Currently, the network produces 1,800 BTC every day, and this is about to be reduced to 900 BTC. Historically, the price of Bitcoin has increased substantially following the past two halvings. Some argue that the Bitcoin halving has already been priced in, but experts say it's impossible to do this ahead of time.via the TL;DR App
no story
Published by HackerNoon on 2020/05/10
ABOUTHow hackers start their afternoons. We publish tech stories and build publishing software.

READEntirely free library read by hundreds of millions to learn anything about any technology.

WRITEHackerNoon elevates quality technology writing far and wide across the interwebs.

PARTNERHackerNoon works directly with tech companies to place ads by content relevancy