renatoxbt on Nostr: Episode 8 The #Bitcoin #Halving One of the unique features of #Bitcoin is its #fixed ...
Episode 8
The #Bitcoin #Halving
One of the unique features of #Bitcoin is its #fixed #supply. Every four years, the #mining reward is cut in half, a process known as the #Bitcoin halving. The most recent halving occurred in May 2020, reducing the mining reward from 12.5 BTC per block to 6.25 BTC per block. This event highlights Bitcoin's scarcity and the fact that only 21 million #Bitcoin will ever exist, which has contributed to its value as a store of value and #hedge against inflation.
The #Bitcoin #Halving
One of the unique features of #Bitcoin is its #fixed #supply. Every four years, the #mining reward is cut in half, a process known as the #Bitcoin halving. The most recent halving occurred in May 2020, reducing the mining reward from 12.5 BTC per block to 6.25 BTC per block. This event highlights Bitcoin's scarcity and the fact that only 21 million #Bitcoin will ever exist, which has contributed to its value as a store of value and #hedge against inflation.