Nowhere! The Bitcoin network simply starts creating fewer new BTC.

Originally, miners received 50 BTC for each block they mined. After every halving, the block subsidy is cut in half: 25 BTC, 12.5 BTC, 6.25 BTC, 3.125 BTC…

A halving occurs every 210,000 blocks, roughly once every four years. This mechanism gradually slows the issuance of new coins and helps keep Bitcoin’s maximum supply capped at 21 million BTC.

As time goes on, fewer new bitcoins are rewarded to miners for each block they find.

$BTC #BTC走势分析 #ETHETFsApproved

BTC

84,599.82

+2.44%