basically the way that Bitcoin miners getting their rewards there are two parts to it the first part is that they need to solve a puzzle which basically secures the Bitcoin Network and the second part is basically the fees that of the people that are doing the Bitcoin transactions what they’re willing to pay so after the having basically the first part of H getting rewards for solving the puzzle that’s that was dropped by half and therefore what they anticipate is that the Bitcoin prices will continue to rise so they will be able to continue and buy the energy that they need to operate the network
Bitcoin has gone through its halving event, which is where the reward for mining bitcoin is reduced by half once every four years. Fireblocks CEO Michael Shaulov breaks down just how this halving event impacts bitcoin miners. Shaulov joined Yahoo Finance Live on April 22, 2024.
Bitcoin: how the halving impacts miners #shorts
Bitcoin: how the halving impacts miners #shorts
basically the way that Bitcoin miners
getting their rewards there are two
parts to it the first part is that they
need to solve a puzzle which basically
secures the Bitcoin Network and the
second part is basically the fees that
of the people that are doing the Bitcoin
transactions what they’re willing to pay
so after the having basically the first
part of H getting rewards for solving
the puzzle that’s that was dropped by
half and therefore what they anticipate
is that the Bitcoin prices will continue
to rise so they will be able to continue
and buy the energy that they need to
operate the network
Bitcoin has gone through its halving event, which is where the reward for mining bitcoin is reduced by half once every four years. Fireblocks CEO Michael Shaulov breaks down just how this halving event impacts bitcoin miners. Shaulov joined Yahoo Finance Live on April 22, 2024.
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