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RE: Steemit Crypto Academy Contest / S15W1 -Steem & Halving Bitcoin 2024
I understand properly about the halving of Bitcoin and approximately the future of STEEM token from your blog which is very informative. But I want to ask you that the halving of Bitcoin is nearly coming the more investors take part and make trades on the bitcoin. As we can invest in crypto, or stake crypto.
What friend @numanbhutta indicates is correct, the halving is getting closer as investors constantly participate, that is, the greater the demand, the greater the number of blocks that will be mined.
Let's remember that the halving occurs every 210,000 blocks mined and the average time is 4 years for this to happen. They can be more or they can be less, everything will depend on the demand that exists.
Thank you for the contribution given through your comment.
Thanks a lot for reply me back 😀.
I understand every time when halving occur the reward for 1 block of btc less than previous halving. Like on previous halving the of BTC 2020 the reward for 1 block of btc mining is 6.35 and now its remain 3.15.
Is am true....
Am very passionate to share this research and information with you.