Bitcoinist
2020-05-03 20:30:36

Bitcoin’s Booming Hash Rate Ahead of Halving Signals a Serious Bull Run

In approximately 10 days as of this article’s writing, Bitcoin will experience its latest block reward reduction, known as a “halving.” Halvings, which take place around every four years, ensure that the number of coins issued per block gets cut in half, resulting in a 50% reduction in BTC’s inflation. Block rewards being cut in half means that the revenue of miners will be cut in half as well, but this hasn’t stopped Bitcoin’s hash […]

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