The 19,000,000th Bitcoin has just been mined at block #730003. This leaves just 2 million for the rest of us. It seems that some outlets were reporting the news a little prematurely to start the party early. Running your full node is the only way to ensure you use up-to-date information. However, we are now…
Comparing the developments of the previous Bitcoin halving cycles to the current one gives some perspective on whether they are getting longer. Lengthening of halving cycles would imply that the Bitcoin price top has been delayed this time around. Analysis, advisory, and money management company Quantum Economics recently explored if bullish price predictions, such as…
Bitcoin proponents claim that Bitcoin’s security is unquestionable and fears surrounding halving events are blown out of proportion. Critics, however, argue that transaction fees might not have the capacity to counteract the declining block rewards, driving the network’s security budget down. While 2022 started with the Bitcoin hash rate at an all-time high (ATH), and…
The recent BTC run has borne good news for two important parts of the Bitcoin ecosystem — investors and miners. Data from on-chain tracking firm Glassnode shows miner revenues are back at pre-halving levels, i.e. before May 12 of this year. These are the same as when block rewards were double those of today. #Bitcoin…