Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving only 1 year away
by
Oasisman
on 04/05/2023, 20:39:55 UTC
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.  Smiley
So, important reminder for everyone how close we are already to Bitcoin's Halving.
Only 1 year to go.  Wink
It's crazy to think how time flies, I can't believe next year the rewards will be so small, at least looking from a bitcoin amount, of course if we think is US$ it's a lot of money anyway, especially because the value after the halving will keep growing. And yet there are so many people who think they're late to the bitcoin party, they really have no idea of the mistake they're making...

Time flies so fast when we're busy working lol.
Next year is gonna be a challenge not only for those who wants to enter Bitcoin with everything they have hoping to get good returns, but it is a huge challenge for the miners who's going to earn 50% block rewards than what they are earning today. Some might quit, some will strengthen because they knew what Bitcoin is capable of.
I pity those who thinks they're late for the Bitcoin party and struggles to decide whether or not to purchase Btc. They will get nothing but more regrets in the future.