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The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before the halving. On Sunday, […]
The post Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates appeared first on Bitcoin News.
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In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and speculators wonder what will happen after the event. Currently, according to Google Trends […]
The post Quantitative Hardening: Dissecting the Third Bitcoin Halving, 3 Key Data Points to Watch appeared first on Bitcoin News.
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Just recently the price of bitcoin jumped over the $9,000 per coin zone, but retracted back a hair not too long afterward. On May 3, the research and analysis firm Glassnode reported that the overall BTC hashrate touched another all-time high above 140 exahash per second. As miners continue to hash away at the network, […]
The post 7 Days Left Until the Great Bitcoin Halving: Hashrate Jumps Over 140 Exahash, Miner’s Hoard appeared first on Bitcoin News.
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On April 8, 2020, the Bitcoin Cash network officially halved as of block 630,000 and BCH miners hashing away at the network will capture 6.25 coins per block going forward. The BCH halving is the first major SHA256 branch to halve its block reward, as BSV and BTC will halve as well within the next […]
The post The Bitcoin Cash Network’s Block Reward Officially Halved – Block 630,000 Mined appeared first on Bitcoin News.
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In 18 days, the Bitcoin Cash (BCH) network will see its next halving as the block reward will decrease from 12.5 to 6.25 coins on or around April 8, 2020. BCH will be the first blockchain out of the top three SHA256 networks to halve as BSV will see a reward reduction two days after […]
The post Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving appeared first on Bitcoin News.
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Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s) territory and the BCH hashrate fell […]
The post BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving appeared first on Bitcoin News.
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According to a report written by Coin Metrics analyst Jacob Franek, as of March 1, 2020, roughly 42% of all BTC has not moved onchain in more than two years. The metric is the largest number since June 2017 and the study notes that “HODL waves” have grown larger. Also Read: Get Ready for the […]
The post HODL Waves Chart Reveals Bitcoin Holders’ Firm Grip – 42% Hasn’t Moved in 2 Years appeared first on Bitcoin News.
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When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s expected to drop to 1.8% after the halving event. The cryptocurrency’s inflation rate […]
The post Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference appeared first on Bitcoin News.
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This spring, three of the largest crypto networks, BTC, BCH, and BSV, will undergo their halvings around the same time for the first time in history. During the last halving in 2016, only one network existed, but now three protocols share the same consensus algorithm. Google Trends shows that searches for the term “bitcoin halving” […]
The post Three High Profile Crypto Networks Face Reward Halvings This Spring appeared first on Bitcoin News.
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The Bitcoin Cash (BCH) blockchain is now less than two years away from its next block reward halving. Current statistics show the BCH chain will halve its reward from 12.5 BCH to 6.25 BCH on or around April 6, 2020, and with more than 80 percent of BCH now in circulation, when the next halving […]
The post The Bitcoin Cash Chain Has Less Than Two Years Until the Reward Halving appeared first on Bitcoin News.
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