Bitcoin Halving Day - Important Day
Today I wanted to make just one post to reflect this important date for all of us who are knowing a little more about this world of cryptocurrencies every day.
For several years now I have been learning about videos and news and reading a lot about cryptocurrencies.
Today I have the first Halving directly, since before, in 2016 I knew Bitcoin only as a digital currency, I did not know the technology involved in its creation.
With each passing day, Bitcoin shows us its security, its portability, its determined emission, along with its other good qualities.
I hope that we are more and more in this technology and that it will give us the possibility of long-awaited financial freedom.
Below they found information that it is halving. Thank you for being in this community, Thank you for your support.
What is halving
A block occurs after about 10 minutes and the miners who produce the blocks are rewarded with some Bitcoins. Currently, they are rewarded with 12.5 BTC per block and after halving, the reward will drop to 6.25 BTC. Halving occurs after 210,000 blocks are mined, which takes approximately 4 years. When Bitcoin started first, miners were awarded 50 BTC for mining a block and so far there have been two halving events, one in 2012 and the second in 2016. If the price stays below $ 10k after halving, could force some small miners to stop mining aa will not be profitable for them.
It is an important day to make a post