👉 Let's Take a Look at Bitcoin's Performance Before and After Each Halving Event:
✴️ The Birth of Bitcoin: 2009
Back in 2009, each block rewarded miners with 50 BTC. However, since Bitcoin was virtually unknown then, the USD value of these coins was negligible.
A miner in 2009 would've received 50 BTC as a reward, which would've been worth close to zero USD.
Today, if they had held onto those coins, they would be sitting on approximately -$3.6 million USD.
✴️ First Halving Event: Nov 28, 2012
In 2012, the total Bitcoin supply halved for the first time.
Miners received 25 BTC as a reward, which would've been worth around $305 USD if converted in 2012.
If they had held onto their coins, they would be sitting on approximately -$1.6 million USD today.
✴️ Second Halving Event: July 9, 2016
The total Bitcoin supply halved again in 2016.
Miners were rewarded with 12.5 BTC, valued at around $8,007 USD in 2016.
If they had held onto their coins, they would be sitting on approximately -$1.6 million USD today.
✴️ Third Halving Event: May 11, 2020
Another halving occurred in 2020.
Miners received 6.25 BTC as a reward, which would've been worth approximately $53,781 USD at the time.
If they had held onto their coins, they would be sitting on approximately -$800,000 USD today.
✴️ Fourth Halving Event: April 16, 2024 (Stay Tuned!)
The next halving event is scheduled for April 16, 2024, and the total Bitcoin supply will halve once again.
Miners will receive 3.125 BTC as a reward.
The USD value of these coins and their potential worth in the future remains to be seen.
As we eagerly await the fourth halving event, let's continue to monitor Bitcoin's journey and the opportunities it presents. 🚀🌕#HotTrends #BNBChain #BOME #ID #HalvingHorizons
