Bitcoin’s Big Halving Countdown And ‘Long Tail Risk’
PYMNTS
JULY 1, 2016
When bitcoin was first released, a cap was placed on how many bitcoin could ever be produced. When the halving occurs, the bitcoin block mining reward will decrease from 25 to 12.5 The last halving event was on Nov. That means that whenever a bitcoin miner completes a bitcoin block they earn a bitcoin.
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