Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CryptoNight] BminerCoin - Heavy mining and remote control
by
gcode772
on 25/05/2020, 17:37:54 UTC
Bitcoin recently held a halving and the reward for miners has decreased.
What is halving? What does he give besides this?
Halving is a decrease in reward for every new Bitcoin block mined. At the moment, each new block brings 12.5 Bitcoins to its miner.
For miners halving it's not good, but for BTC price it's may be good. Less amount of BTC miners sell - less resistance for price growing
Less resistance to price increases due to the fact that less bitcoin will be sold?
Of course. The less they sell, the higher the price.