Final Block Mined Before Halving Contained Reminder of BTC’s Origins
In the final block, Miner f2pool immortalized a NY Times article highlighting the similarities between the 2008 financial crisis and today. Go to Source Powered by WPeMatico
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In the final block, Miner f2pool immortalized a NY Times article highlighting the similarities between the 2008 financial crisis and today. Go to Source Powered by WPeMatico
The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before the halving. On Sunday, … Read more
Bitcoin has just experienced a one-in-four-year event, its third halving, which has cut the miner block reward from 12.5 BTC to 6.25 BTC. Go to Source Powered by WPeMatico
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid each … Read more
Bitcoin’s price saw wild volatility leading up to the halving. Top crypto traders discuss where the price is likely headed to next. Go to Source Powered by WPeMatico
The Cointelegraph Bitcoin Halving live party continues with a deep dive into how the mining industry is affected by the sudden, but very predictable revenue shock. Go to Source Powered by WPeMatico
The halving is just a few hours away — and many miners are already shutting their soon-to-be unprofitable rigs, says Poolin VP Alejandro De La Torre. Go to Source Powered by WPeMatico
As crypto traders brace for today’s Bitcoin halving, data shows buy and hold remains the most profitable strategy. Go to Source Powered by WPeMatico
A full day of interviews and coverage related to the Bitcoin halving. Go to Source Powered by WPeMatico
While miners took a double hit, the combination of the pandemic and halving could provide an unlikely tailwind to the crypto industry at large. Go to Source Powered by WPeMatico