Bitcoin Halving Explained By Andreas Antonopoulos

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ricecrypto

Published on Apr 20, 2020
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Bitcoin Halving Explained By Andreas Antonopoulos. Watch the full episode here:
https://lbry.tv/@ricecrypto:2/andreas-antonopoulos-economics-btc:b

Bitcoin Halving at Block #630,000
Bitcoin Block Reward Halving Countdown:
https://www.bitcoinblockhalf.com/

What is a block halving event?
As part of Bitcoin's coin issuance, miners are rewarded a certain amount of bitcoins whenever a block is produced (approximately every 10 minutes). When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140). As of now, the block reward is 12.5 coins per block and will decrease to 6.25 coins per block post halving.

#BitcoinHalving #BTChalving #halvening @BitcoinHavening


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crypto bitcoin halving btc halving halving explained andreas antonopoulos bitcoin news

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