yaser_rahmati

TA 2022-08-06: BTC Halving Analysis

BITSTAMP:BTCUSD   Bitcoin
  • A. What is the Bitcoin halving?
1. The Bitcoin halving is an event where mining rewards are cut in half.
2. The event takes place every four years, according to pre-set rules in Bitcoin's code.


  • B. A brief history
1. 2009 – Bitcoin mining rewards start at 50 BTC per block.
2. 2012 – The first Bitcoin halving reduces mining rewards to 25 BTC.
3. 2016 – In the second halving, mining rewards go down to 12.5 BTC.
4. 2020 – In the third halving, mining rewards drop to 6.25 BTC.
5. 2140 – The 64th and last halving occurs and no new Bitcoin are created.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.