Quotation
On April 19, or when a Bitcoin miner mines block 840,000, the amount of Bitcoin in circulation will drop from approximately 900 to 450 per day. This event is popularly known as the "halving" and is of great importance in the Bitcoin world. However, this is not a situation that will last forever. Once all 21 million Bitcoins have been mined, the halving will have served its purpose and will end (probably in 2140). So why did Nakamoto design it this way? Nobody knows.đ€·ââïž The only thing certain about Bitcoin is that it often divides opinion. There is a lot to discuss in an anticipated event like the halving. Is it reflected in the price? Will declining revenues drive Bitcoin miners out of business? Will it be different this time?
