What is Bitcoin Halving and when will bitcoin halving happen? Bitcoin Halving Explained

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  • Опубліковано 17 бер 2024
  • What is Bitcoin Halving and when will bitcoin halving happen? What is the bitcoin halving? When is the bitcoin halving? how will the bitcoin halving impact your portfolio? What is bitcoin price prediction after bitcoin halving? What is bitcoin price prediction for bitcoin halving?
    Bitcoin halving is an event that occurs approximately every four years in the Bitcoin network, reducing the reward miners receive for validating transactions. The halving is programmed into the Bitcoin protocol to occur every 210,000 blocks, which is roughly every four years based on the time it takes to mine blocks.
    When Bitcoin was created in 2009, miners received 50 bitcoins as a reward for each block they mined. In 2012, the first halving occurred, reducing the reward to 25 bitcoins per block. In 2016, the second halving took place, reducing the reward further to 12.5 bitcoins per block. The most recent halving occurred in May 2020, reducing the reward to 6.25 bitcoins per block.
    The bitcoin halving has a significant impact on the supply of new bitcoins entering the market, which can affect the price of Bitcoin. The idea is that as the supply decreases, if demand remains constant or increases, the price of Bitcoin may rise due to the reduced supply. However, the actual impact of halving events on the price of Bitcoin is a topic of debate among experts.
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КОМЕНТАРІ • 12

  • @luciferlight5082
    @luciferlight5082 2 місяці тому +2

    To me,all that halving means is miners get less Bitcoin to dump on the open market,but the processing power will probably turn to mud as miners throw in the towel and shut their Riggs off . And then the whole thing collapses like tulip mania

  • @user-kg2ez1eg2y
    @user-kg2ez1eg2y 6 днів тому

    How much will the crypt cost when the electricity is cut off, what can you buy in the event of an armed conflict when the civil connection is destroyed?

  • @monasi9448
    @monasi9448 2 місяці тому +2

    Such a shame you use background music on videos. Makes it impossible for me to use your good UA-cam channel. Can't concentrate with distracting, fast beat music. Makes me dizzy. I'm a migraine suffere with Attention Deficit. Wish you'd leave it to people to play the music of their choice at the same time as listening/watching informative UA-cam videos- if indeed they even need to. Most people have access to several sources to play music from simultaneously these days. Sorry about the lengthy text. All the best. Sammy

    • @blackvelvet937
      @blackvelvet937 2 місяці тому +2

      I fully agree. Very irritating when trying to listen attentively.

    • @monasi9448
      @monasi9448 2 місяці тому +1

      ​​@@blackvelvet937
      Totally. The constant hammering, dizzying music is a deterrent if anything, not an added selling point. A case of see if you can survive the video.
      Bet if there was such thing as an option to switch off background music on these, the majority would. Maybe a survey on it in the community section please?

    • @PolishBehemoth
      @PolishBehemoth 2 місяці тому

      back ground music is fine. Makes me enjoy the video. You have no idea wtf youre talking about.

  • @stealthysaucepan2016
    @stealthysaucepan2016 2 місяці тому +2

    Crypto bad

    • @jelleklinkhamer4299
      @jelleklinkhamer4299 2 місяці тому +1

      Booooo

    • @Dalex3
      @Dalex3 2 місяці тому

      Great video. Short and sweet 🤌

    • @MrLawman82
      @MrLawman82 2 місяці тому

      Yes but Bitcoin good.

    • @NozieDee
      @NozieDee Місяць тому

      😂😂this comment😂😂