Nostr Web Client

Let’s clear up a few misconceptions about the #Bitcoin 2024 halving

1. No, supply doesn’t get cut in half.

2. No, price doesn’t get cut in half.

3. No, block reward doesn’t get cut in half, as block reward includes both the block subsidy and transaction fees.

What does happen: the block subsidy gets cut in half. In other words, the rate of new BTC mined gets cut in half.

Specifically, we will go from 900 BTC mined each day to just 450 BTC mined each day.

Please Login to reply.

I heard differently from the Bitcoin CEO Sakatoshi, but maybe I’m just misinformed(even If I doubt it!)

I like to see it as : every 210,000 the protocol enforces that only half of the remaining supply will be issued in the next 210,000 blocks.

We have, what we have and half of everything there will be is yours to get every 4 years. Good luck