Too Long; Didn't Read
The Bitcoin Halving: Miner Economics and Institutional Mining. At 5:55 PM EST on May 11, 2020, Bitcoin will be cut in half from 12.5 BTC every block to 6.25 BTC. The two previous Halvings, in 2012 and 2016, were followed by massive bull markets and new all-time-highs. Miners are inherently the most bullish of all participants in the Bitcoin ecosystem, compared to long-term hodlers and speculative traders. The effect of the Halving on the price of Bitcoin, which occurs roughly four years for a number of events in Bitcoin, is that the event occurs roughly every four years.