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    What is Bitcoin Halving?



    Roughly every four years, the block reward given to Bitcoin miners for processing transactions is cut in half!

    This event is referred to as halving because it cuts the rate at which new bitcoins are released into circulation. This is Bitcoin’s way of enforcing synthetic price inflation until all bitcoins are released.

    Links Mentioned:
    Bitcoin Halving: https://www.coingecko.com/en/explain/bitcoin_halving

    Timestamps:
    00:00 Intro
    00:31 What is Bitcoin Halving?
    02:05 What does this mean for BTC?
    02:32 What happens next?

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    #crypto #cryptocurrency #bitcoin #halving #network #mining

    View 21 Comments

    21 Comments

    1. @alexmenjivar8509 on

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    10. @williammaxwell3027 on

      often people talk about how profitable cryptocurrency and Bitcoin trading is alarming, please can anyone help me on the information on how to go about it and earn big.

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      You actually need an expert trader assigned by a registered brokerage company to help you out .I currently trade with Mr Mitchell .V. He is the best when it comes to making high profits in the market!

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      He's a real broker,I'm no longer a Debtor since I started trading with him. so far so good I have recorded many wins and no loss since Mr Mitchell started managing my account

    12. @user-jz1kk2uc1i on

      You actually need an expert trader assigned by a registered brokerage company to help you out .I currently trade with Mr Mitchell .V. He is the best when it comes to making high profits in the market!

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    14. @marlowops on

      This makes no sense. So you half the incentive for mining every 4 years. Theoretically speaking what happens if bitcoin price falls to 10k and stays around that price for a year then drops to 8k stays there then drops to 3k? The energy that it takes to mine bitcoin would only give hope that bitcoin goes up but what if it doesnt? That would be the end to bitcoin because miners would not mine and the entire system of bitcoin would stop. This is possible.

    21. @BrazyUK on

      In my opinion, Bitcoin doesn't have a sustainable future. As energy bills increase, miners need paying more and more. If the only variable we rely on is the price per coin, then all it takes is a bad bear run in 40 years time and Bitcoin could cease to exist. Bitcoin is built on extremely outdated technology, it's lead developer has been wiped off the face of the earth and there are many other coins now that operate on much better tech.

      I've done a lot of research into this and I've found a coin that's feeless, instant and also doesn't involve any mining due to a fixed circulating supply. This coin is called Nano, formerly Raiblocks.
      It's handle is "XNO" and I'm all in on it. This isn't financial advice, but if you haven't heard of Nano, definitely take a look at it. It's everything Bitcoin should have been and more!

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