Bitcoin Halving News
Bitcoin halving is a process of dividing the number of generated rewards per block in order to maintain the total supply of Bitcoin, which will not exceed 21 million. Block rewards are the main engine of Bitcoin mining and, therefore, the main power behind the operation of the network. Bitcoin halving happens every 210,000 blocks and reduces the reward for 50 percent every time in a geometrical progression. The initial block reward in 2009 was 50 Bitcoins, the current Bitcoin reward is 12.5 coins and the process is expected to end in 2024 with all Bitcoins being issued. The next Bitcoin halving is expected to happen in May 2020 and will decrease the reward to 6.25 coins. Bitcoin halving is a crucial part of Bitcoin and most other cryptocurrencies, as it is the main algorithm of emission control and a part of what makes Bitcoin successfully maintained without any authority.
What led to the recent drop in Bitcoin’s price? Some unresolved issues may have been at play
Bitcoin Slump Factors: EU Regulation, Halving, ETC, Scaling Issue
Mining software companies try to reduce costs of Bitcoin mining meeting the challenge brought about by the cutting in half of the block rewards.
Energy Costs Slashed for Cloud Miners To Make Up For Bitcoin Reward Halving
As the Bitcoin community celebrates the 2nd successful quadrennial block reward halving, market participants seems less enthusiastic about the event.
Bitcoin Price Remains in a Trading Range After Halving
A day to block reward halving, Hashflare informed miners about reduction in the mining reward.
Bitcoin Mining Company Admits Halving Will Affect Miners Payout From Monday
Besides today’s Bitcoin price, anything else regarding the outcome of the pending halving is guesswork.
To the Moon and Back: Will Halving Affect Bitcoin Price?
The Barcelona Bitcoin Community has invited enthusiasts to join a party to mark the Bitcoin block reward halving, with demand for Bitcoin remaining high.
July 10 Barcelona Bitcoin Community Throws Halving Party
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