Tuesday, May 19, 2020

Bitcoin

Bitcoin is about to usher in the third halving in May, which means that it is more difficult to obtain Bitcoin.

However, some market participants said that just after the first halving of BCH and BSV in the first few trading days, the two led the decline in cryptocurrencies, and as Bitcoin fell below the $ 7,000 mark again, Bitcoin could usher in a substantial rebound Is unknown.

It is reported that the number of Bitcoins created every 10 minutes is halved every 4 years. This is called Bitcoin halving. As of now, there have been two halving events of BTC block rewards in history. The first time occurred on November 28, 2012, the reward for digging a block was reduced from 50 BTC to 25 BTC; the second happened on July 10, 2016, the reward for digging a block was 25 One BTC is reduced to 12.5 BTC.


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