The moon is close to halving Bitcoin produced 66 percent of the units
Source:
It Seems permanently stuck at the level of the current market price. The main cryptocurrency is already a relatively long time trading below $ 4,000 and can not overcome the nearest resistance line. But things are not that bad — quite recently the total capacity of the network reached 575 bitcoins.
Fundamental analysis of the cryptocurrency tells us about the very high probability of rapid growth in the next couple of years. The main event on the calendar all investors use the following reward per block of Bitcoin, which should occur in may 2020. Why is this date so important?
thethe Road to tutumunu
At the time of this writing, the Bitcoin blockchain has been produced 559 050 units. This means that until the next halving miners have found 66 percent of all units taking into account the previous date of the reduction awards.
Recall, cuts awards are taking place at the designated scenario, the development of which he engaged himself Satoshi Nakamoto. The following halving will happen on 25 may 2020. From that day, the miners will receive two times less bitcoins for mining the block. If now they «earn» 12,5 BTC on every block, after the following halving amount will change by 6.25 BTC.
This process will continue as long as the last coin of the 21 000 000 BTC will not be produced. The inflation rate of Bitcoin will decrease every 4 years. At the moment the figure recorded at the level of 3.83 per cent.
Source: CCN
Many cryptoexpert based on its findings regarding bullrun, based on previous halving. The last time this procedure was conducted on 7 August 2016. After 498 days Bitcoin has reached its historical maximum at the level of 20 thousand dollars. Coincidence? Our doesn't think so.
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