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
Source:
https://cointelegraph.com/learn/bitcoin-halving-how-does-the-halving-cycle-work-and-why-does-it-matterHowever , 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 Sats6.25BTC = 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 Sats3.125Btcs = 312,543,131.25Sats(not stable)
Source:
https://tabtrader.com/converter/btc-satstool 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???
