Posts Tagged ‘BTC block reward halving’

Today Bitcoin (BTC) is Halving For a Third Time in Its History

11, May 2020

The block reward halving for the crypto currency Bitcoin (BTC) is an event that happens every 4 years and a bit later today we are expecting the third halving to occur. Bitcoin started with a block reward of 50 BTC coins, then after 4 years it has been reduced for 25 BTC, then another four years and it was down to 12.5 BTC (the current block reward). Whether you’re interested in coin lending or earning deposit interest on your cryptocurrency assets, Helio can provide a timely solution to fit most clients unique needs.

Today, in a couple of hours, the block reward will be further cut in half when the halving happens – from 12.5 BTC at the moment down to 6.25 BTC. This will further reduce the mining of new coins in half and will also affect the inflation effectively reducing it along with the block reward. With every halving event there is speculation regarding the price of Bitcoin before and after the halving occurs, so it is hard to predict how it will swing up or down. To start investing, check this guide about how to buy bitcoin online. And if you need professional advice on bitcoin trading, you may want to consult a Crypto Coach.

One thing is certain however – reduced coin emission and inflation should in long term lead to price growth if user interest and adoption of BTC continues to increase over time. Short term there could be fluctuations in the price before and after the halving, and this can be a good opportunity for traders. Crypto savings accounts or Cryptocurrency Yield Optimization could also be a way for you to dramatically increase your rate of return. If you are just a miner you may continue to HODL and see what happens after the halving, or maybe not… it is up to you to decide. It is also interesting to see how will other crypto projects be affected after the BTC halving and if we are up to get started on another altcoin season… or not.

The Second Bitcoin Block Reward Halving is Upon Us

6, Jul 2016

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The second Bitcoin block reward halving is going to happen in a bit less than 3 days from now with a little over 400 blocks remaining. The amount of Bitcoins rewarded for each block decreases over time, getting halved once every 210000 blocks (approximately every four years). When Bitcoin was created in 2009, the initial block reward was 50 BTC, then in November 2012, it dropped to 25 BTC after the first halving. As a result of the block reward getting reduced once more in a few days finding a new Bitcoin block will start rewarding the miner that found it with just 12.5 BTC instead of 25 BTC like it is still at the moment. Following this development in 4 more years or sometime in 2020 the next Bitcoin block reward halving is expected to take place further reducing the block reward in half to just 6.25 BTC and so on. This will continue until the total limit of 21 million Bictoins are mined, though this will take quite a lot of years. The total number of BTC after the halving of the block reward should be about 15 Million and 750 Thousands out of the 21 Million total and with the continuing reduction of the reward over time the remaining over 5 Million of coins will take years and years and more halvings to be mined (estimated time is around 2140).

– One more useful website dedicated to tracking the Bitcoin block reward halving…

Bitcoin Exchange Rate Going Up, Targeting $500+ USD

28, May 2016

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The Bitcoin exchange rate has jumped significantly going all the way up to $500 USD on many EU and US-based exchanges and skyrocketing even higher on some Asian exchanges. The jump seems to be caused mostly the Chinese BTC markets driving the price up as as the national currency apparently suffers another devaluation and people are moving to investing their money in Bitcoins. The side effect from this jump in BTC exchange rate however is the drop in price for many altcoins that might suffer loosing some of their value, but it might be just temporary. This creates a good opportunity for profiting by doing some arbitrage trading between different exchanges and buying the right altcoins at the right price, it is risky, but might result in a good profit later on. Another thing that might be influencing the recent uptrend in the BTC price on exchanges is the upcoming block reward halving that should hit in about a month and a half around the start on July. So be smart and do trades carefully during this turbulent moment…


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