Who Will Be The Victors of The Bitcoin Halving Event?by@richardr

Who Will Be The Victors of The Bitcoin Halving Event?

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

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.

People Mentioned

Mention Thumbnail

Companies Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Who Will Be The Victors of The Bitcoin Halving Event?
Richard Rubinstein HackerNoon profile picture

@richardr

Richard Rubinstein

Receive Stories from @richardr

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!