I didn’t understand this back then, and the money I lost could have bought me bubble tea for several months.
Today’s lesson: The Bitcoin halving schedule
Bitcoin’s third halving took place on May 11, 2020, at block height 630,000, reducing the block reward from 12.5 BTC to 6.25 BTC.
When you see claims about a “halving rally,” first distinguish protocol rules from market speculation.
The $BTC halving is triggered by block height, not by a fixed date on the calendar.
Today’s lesson: The Bitcoin halving schedule
Bitcoin’s third halving took place on May 11, 2020, at block height 630,000, reducing the block reward from 12.5 BTC to 6.25 BTC.
When you see claims about a “halving rally,” first distinguish protocol rules from market speculation.
The $BTC halving is triggered by block height, not by a fixed date on the calendar.
