Halving in the Bitcoin network took place - the reward for the block fell by half
The miner who mines the next block, 840,001, will receive a reward of 3.125 bitcoins, and not 6.25 as the last four years. The daily supply should be approximately 450 BTC versus 900, and the annual supply, thanks to the halving, should fall to approximately 0.85% of the total supply of 21 million coins. Now somewhere around 93.7% of BTC has been mined.
According to the idea of Bitcoin creator Satoshi Nakamoto, halving should lead to an increasing shortage of the first cryptocurrency and, according to the law of the market, an increase in value. This is what happens: in the second cycle, Bitcoin rose in price compared to the first by 54 times, in the third by 13 times, in the fourth by eight times.
Realistic skeptics from the influential American investment banking holding JPMorgan, one of the largest in the world, announced yesterday that, contrary to the expectations of optimists, Bitcoin will become cheaper immediately after the halving.
