One question: Why is Bitcoin capped at 21 million?
In April 2024, Bitcoin completed its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC.
Bitcoin adjusts mining difficulty every 2,016 blocks to keep the average block time at around 10 minutes.
When discussing halvings, remember to distinguish between “fewer new coins being issued” and “how the price moves”—they’re not the same thing.
The issuance schedule for $BTC is written into the protocol, and no institution can issue extra coins on the fly.
In April 2024, Bitcoin completed its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC.
Bitcoin adjusts mining difficulty every 2,016 blocks to keep the average block time at around 10 minutes.
When discussing halvings, remember to distinguish between “fewer new coins being issued” and “how the price moves”—they’re not the same thing.
The issuance schedule for $BTC is written into the protocol, and no institution can issue extra coins on the fly.