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.

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So nothing to do with US Presidential election years at all 😁

That's not true.

Don't trust, verify.

So maybe the synchronization was intentional after all.

There's no significative reduction of time on the first halving. I think we cannot speak about intention on something that didn't happen.

Who cares about the US elections?

What a pita πŸ₯±