#Bitcoin has shown incredible resilience over the years, and its potential for long-term growth is undeniable. The current inflation rate is ~1,7%, and as long as the demand is increasing more than that, the price will go up.
#inevitable #ngu #nostr #plebchain #lightning #ln #zap
The halving is set to be every 210.000th block. On average the block time (time to create a new block) is 10 minutes. But as the total hash rate goes up and down, the block time can vary.
At the time i wrote this post, there had been 10 blocks the last hour. With that speed the halving date would come earlier.
Smart AF, satoshi fixed this with a difficulty adjustment.
So every 2016th block, the difficulty of creating a block adjusts based on the hashrate.
The miners get the #bitcoin they mine. So every block, there is generated 6.25 new coins, given to the miner (miners, because they often mine together in pools).
The miners have costs on their operations, so to pay their bills, they often sell their coins.
So those miners who do not sell, they hold their coins.
Yes, most of them are sold by the miners.
I dont understand your question, can you explain in more detail?
With the current block time, the next #bitcoin halving will be in 251 days👀
Aka. November
With its transparent, immutable ledger and decentralized network, #Bitcoin has the potential to revolutionize not just finance, but a wide range of industries. The possibilities are endless.
Stay humble, zap sats⚡️
Good Night #nostriches!
What zap?
Setting my alarm at #779686⏰
See you tomorrow🔥
#bitcoin is not just for tech-savvy individuals. Its user-friendly interfaces and growing ecosystem of apps and services make it accessible to anyone, regardless of their level of technical expertise.
Just think of it as a microwave oven. Very few people know exactly how it works, but they use it anyway, because it works.
#Bitcoin is inevitable! So close today. Maybe next time🧡
As more businesses and individuals recognize the benefits of using #bitcoin for payments and remittances, its adoption rate will continue to grow. This, in turn, could drive up its price and increase its value as a store of value.
779611 % 2016 = 1435
#few #bitcoin
#bitcoin is better money🧡