It's realistic streams of established miners abandon Bitcoin when halving strikes. One block returning 3.125 BTC isn't supremely attractive to miners unless they're mining farms churning away at industrial rate hash rates.
After Bitcoin's block rewards were halved the last time in May 2020 from 12.5 BTC to 6.25 BTC per Block, we'll see a new halving in 2024 (expected to be in April 2024), decreasing Bitcoin's block reward from 6.25 BTC (which is valid actually) to 3.125 BTC per block.
And honestly, we need to admit that 3.125 BTC per block is very low:
Bitcoin's halving is reminding everyone once more, how truly scare Bitcoin really is.
So, important reminder for everyone how close we are already to Bitcoin's Halving.
Only 1 year to go.
And honestly, we need to admit that 3.125 BTC per block is very low:
Bitcoin's halving is reminding everyone once more, how truly scare Bitcoin really is.
So, important reminder for everyone how close we are already to Bitcoin's Halving.
Only 1 year to go.