Halving is coming!

The most important day in Bitcoin is only 81 days away, and this newsletter is all about it. What is Bitcoin halving, when does it happen, and what will it do to the price? Keep reading and find out. For the latter, we have published an article from our economics advisor Dominik Stroukal , who shares his views about this important event.

So what is Bitcoin halving? Bitcoin halving is an event scheduled to occur after every 210,000 mined blocks until all 21 million bitcoins are mined. This is roughly every four years, and the next halving is currently estimated to occur on 12 May 2020. There’s no set-in-stone date for the halving as the exact date depends on how fast are miners mining the new blocks. Once the miners mine block #630,00, the Bitcoin protocol will halve the amount of bitcoins that miners receive for their mining operations from the current 12.5 BTC/block to 6.25 BTC/block. And what about the price? The history shows that a new all-time high follows each halving, but Bitcoin and the community surrounding it changed since the last four years. So what to expect?

Read the article from Dominik and find out.



