🔥 Hardcore Crypto Basics: Bitcoin’s Total Supply and Halving
Miners earn income from two sources: block rewards and transaction fees. As halvings occur, transaction fees will become increasingly important to their income.
When looking at the supply, remember to distinguish between “fewer new coins being issued” and “how the price moves”—they are not the same thing.
The issuance schedule for $BTC is written into the protocol; no institution can arbitrarily increase the supply. Currently: 82697.29.
If anything is unclear, leave a comment and ask.
#BTC
How you choose to operate is up to you; I’m just keeping a record.
Miners earn income from two sources: block rewards and transaction fees. As halvings occur, transaction fees will become increasingly important to their income.
When looking at the supply, remember to distinguish between “fewer new coins being issued” and “how the price moves”—they are not the same thing.
The issuance schedule for $BTC is written into the protocol; no institution can arbitrarily increase the supply. Currently: 82697.29.
If anything is unclear, leave a comment and ask.
#BTC
How you choose to operate is up to you; I’m just keeping a record.