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Smart thinking, Opportunities don't come twice. by ChatGPT4 $1000SATS $BTC
Smart thinking, Opportunities don't come twice.
by ChatGPT4
$1000SATS
$BTC
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Bittensor (TAO) coin follows a halving mechanism as well. Here are some details about the halving of TAO coin: Total Supply: TAO coin has a pre-programmed total supply of 21 million coins. Halving Cycle: Every 4 years, the issuance rate of TAO coins will be halved. This means that once half of the supply has been issued, the issuance rate will be reduced by half. Inflation Reduction: Currently, each mined block awards 1 TAO to miners and validators. At the current inflation schedule, this results in 7200 new TAO being issued every 24 hours, which is currently divided evenly between miners and validators. However, after half of the supply has been issued, the issuance rate will be halved. Halving Schedule: Here is the halving schedule for TAO coin: Halving 1 (H1): October 8, 2025 Halving 2 (H2): October 5, 2029 Halving 3 (H3): October 2, 2033 Halving 4 (H4): September 30, 2037 Halving 5 (H5): September 27, 2041 Halving 6 (H6): September 24, 2045 Halving 7 (H7): September 22, 2049 Halving 8 (H8): September 19, 2053 Halving 9 (H9): September 16, 2057 Halving 10 (H10): September 14, 2061 Halving 11 (H11): September 11, 2065 Halving 12 (H12): September 8, 2069 All these halvings will occur based on the total supply of TAO coins, not a specific number of blocks. Each half of the remaining supply will create a new halving event until all 21 million TAO are in circulation. #TAO #
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