Crypto 101 📚 Bitcoin Halving Schedule
Bitcoin’s second halving took place on July 9, 2016, at block height 420,000. The block reward dropped from 25 BTC to 12.5 BTC.
Bitcoin’s block rewards are calculated in satoshis according to the protocol. After successive halvings, the reward will eventually drop to 0, and no new coins will be issued.
I didn’t understand this before, and the price of learning that lesson could have bought me several hot pot meals.
$BTC ’s halving is triggered by block height, not by a fixed calendar date.
This is just my personal opinion and is not intended as a basis for trading.
Bitcoin’s second halving took place on July 9, 2016, at block height 420,000. The block reward dropped from 25 BTC to 12.5 BTC.
Bitcoin’s block rewards are calculated in satoshis according to the protocol. After successive halvings, the reward will eventually drop to 0, and no new coins will be issued.
I didn’t understand this before, and the price of learning that lesson could have bought me several hot pot meals.
$BTC ’s halving is triggered by block height, not by a fixed calendar date.
This is just my personal opinion and is not intended as a basis for trading.