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Title: Learn about Halving Block Rewards Post by: promise444c5 on October 05, 2023, 07:52:44 AM Today I just want we guys to know about Block Reward after the next halving, most of us might have known but for the sake of others. Currently, it's no longer a news it's a trend that the next halving is next year in which most people are looking forward to. HISTORY OF BLOCK REWARDS https://www.talkimg.com/images/2023/10/05/PDBSG.jpeg Source: https://cointelegraph.com/learn/bitcoin-halving-how-does-the-halving-cycle-work-and-why-does-it-matter However , the the current block reward for every solution made for minning a block is 6.25BTCs 1BTC = 100,013,802 Sats (varies not stable) 6.25BTC = [(6.25)×(100,013,802)]Sats Current Block Reward in Sats 6.25BTC = 625,086,262.5Sats(not stable) Link After the halving : From the word half 6.25 x 0.5 (half) The next block reward = 3.125Btcs Next Block Reward in Sats 3.125Btcs = 312,543,131.25Sats(not stable) https://www.talkimg.com/images/2023/10/05/PDcc2.jpeg Source: https://tabtrader.com/converter/btc-sats tool for Sats calculation With the block reward tending to be lower there will be more scarcity for BTC and increase in price . Will there be a littlepump??? |
