SubscribeWhat Is Bitcoin Halving?
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Thread: What Is Bitcoin Halving?
#1
What Is Bitcoin Halving?
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#2
The halving begins having an impact on the current value of the Bitcoin up to 3 months, which most of us could hardly make money.
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#3
Satoshi Nakamoto introduced the halving mechanism, which essentially stands for the slashing of miners’ rewards by half, approximately once every 4 years. Every time 210.000 blocks are mined, the reward decreases and a new “reward era” starts.
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#4
Bitcoin Halving is the event where the number of generated Bitcoin rewards per block will be halved
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#5
When Bitcoin first appeared, a block reward was 50BTC but after being halved twice, the current reward on a mined block is only 12.5 BTC.
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#6
In the long run, halving has a positive effect on the value of Bitcoin. Since there is a limit to how much coins can only circulate, the more coins are mined, the higher the demand will be and the lower the supply.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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