Replying to Avatar The Daniel 🖖

TIL that the reason the #bitcoin halving takes place during U.S. presidential election years is due to Laszlo Hanyecz and his cohort introducing GPU mining in 2010 and shortening the first halving cycle to 3 years instead of 4 until the difficulty adjustment caught up. Otherwise, halvings would have always taken place in the year following the election.

Another page of #BitcoinPizzaDay history.

Avatar
IrrelevantBoB 1y ago

Who cares about the US elections?

What a pita 🥱

Reply to this note

Please Login to reply.

Discussion

No replies yet.