I’ve put together a few practical points about Bitcoin’s total supply and halvings.
In April 2024, Bitcoin underwent its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC. When you hear people cite halvings as a reason for price increases, think one step further: there aren’t many historical examples, and many other factors affect the market.
$BTC ’s issuance schedule is hard-coded into the protocol; no institution can issue additional Bitcoin on a whim.
The market always holds surprises, so think ahead about what you’ll do if your judgment turns out to be wrong.
#BTC
In April 2024, Bitcoin underwent its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC. When you hear people cite halvings as a reason for price increases, think one step further: there aren’t many historical examples, and many other factors affect the market.
$BTC ’s issuance schedule is hard-coded into the protocol; no institution can issue additional Bitcoin on a whim.
The market always holds surprises, so think ahead about what you’ll do if your judgment turns out to be wrong.
#BTC
