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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. 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.

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2021-07-29T23:15:00+01:00

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New Year Special

Experts in blockchain technology and crypto take on the question of Bitcoin’s path throughout the year 2020.

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2020-12-31T18:47:00+00:00

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New Year Special

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2020-12-31T13:10:13+00:00

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As the cryptocurrency industry continues to grow, so does mining. But there’s a new trend developing now that has only recently emerged.

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António Madeira

2020-12-12T14:07:00+00:00

15475

Do Bitcoin's market cycles depend on its structure as an asset, human psychology or both?

Decred co-founder explains rationale behind Bitcoin bull and bear cycles

2020-11-27T18:12:29+00:00

12780