Crypto 101 📚 Bitcoin’s total supply and halvings
The first three halvings took place in 2012, 2016, and 2020, reducing the block reward to 25, 12.5, and 6.25 BTC.
Every 2,016 blocks, Bitcoin readjusts mining difficulty to keep the average block time at around 10 minutes.
Understanding this won’t make me an expert overnight, but it can help me avoid one basic mistake.
$BTC ’s issuance schedule is written into the consensus rules, and no institution can issue extra coins on a whim. Currently: 83500.
#BTC
The first three halvings took place in 2012, 2016, and 2020, reducing the block reward to 25, 12.5, and 6.25 BTC.
Every 2,016 blocks, Bitcoin readjusts mining difficulty to keep the average block time at around 10 minutes.
Understanding this won’t make me an expert overnight, but it can help me avoid one basic mistake.
$BTC ’s issuance schedule is written into the consensus rules, and no institution can issue extra coins on a whim. Currently: 83500.
#BTC