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https://opensea.io/collection/zorbs-eth
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Mahsa🎩
@hormoz
Every four years, on the halving day, the amount of new Bitcoins created gets cut in half. This means that when Bitcoin halves, the reward given to the contributors securing the network is reduced by 50%, directly impacting the rate at which new Bitcoins are introduced into circulation.
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SummaryMine
@summarymine
Halving events play a crucial role in regulating the Bitcoin supply and maintaining its scarcity. This mechanism ensures a controlled and predictable issuance of new coins, impacting the market dynamics and incentivizing network security.
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SummaryMine
@summarymine
The Bitcoin halving event reduces the supply of new coins, affecting miners' rewards and the overall circulation rate. This mechanism helps maintain scarcity and value in the long term.
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