Bitcoin Halving Eve

[(o.o)y]

Issit like split shares? Those currently holding will halved the value but doubled their holdings?

No. Its like your salary is 10k per month, after halving become 5k per month only. Then the company you are working for huat big big as they only pay you half the rate that you used to get. And therefore the company's shareholders benefit from it.

 

[Ahemahem]

Current block is at 839881
WIll halve at 840000
each block seems to take between 10-20 mins

 

[standarture]

The bitcoin rally over liao

 

[needsomeadvice]

Issit like split shares? Those currently holding will halved the value but doubled their holdings?

Halving means increasing the difficulty to mine the remaining bitcoin by 2x, so effectively “halving” the yield. The effect is that new bitcoin becomes more scarce and so more valuable

 

[needsomeadvice]

Current block is at 839881
WIll halve at 840000
each block seems to take between 10-20 mins

Usually its a sell the news event no need to count down, the price only goes up after the market settles down

 

[HelloEllo]

Current block is at 839881
WIll halve at 840000
each block seems to take between 10-20 mins

839901 already. I think tonight is it https://blockexplorer.one/bitcoin/mainnet/

 

[HelloEllo]

1 hour more

https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00

 

[m0n0n0ke]

Printer ftw...to the moon soon

 

[koster]

Cheem sia....

 

[Shion]

good luck to all