What to expect with the bitcoin halving tomorrow...
Nothing.
The halving will happen programatically behind the scenes but to anyone except the miners, there will be no obvious change. The miners will notice as the number of new bitcoins being minted will be cut in half from around 900 per day to 450 per day. That's all the halving is, a built in mechanism to slowly reducing the supply of new bitcoin by half every 4 years.
It's also probable that the price will be unaffected, it might take weeks or even months before the halving impacts price positively. It may even go down tomorrow.
But the halving is a huge change and an essential part of Bitcoins design.
Just don't expect fireworks tomorrow.
DonMcAllister / Don McAllister
npub1lq…5973q
2024-04-18 23:06:57
Author Public Key
npub1lqvexlgkmq2gmjgjyg2dlalqxthufdaltqc0gm704xwq5gg99fzsv5973qPublished at
2024-04-18 23:06:57Event JSON
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"content": "What to expect with the bitcoin halving tomorrow...\n\nNothing. \n\nThe halving will happen programatically behind the scenes but to anyone except the miners, there will be no obvious change. The miners will notice as the number of new bitcoins being minted will be cut in half from around 900 per day to 450 per day. That's all the halving is, a built in mechanism to slowly reducing the supply of new bitcoin by half every 4 years. \n\nIt's also probable that the price will be unaffected, it might take weeks or even months before the halving impacts price positively. It may even go down tomorrow.\n\nBut the halving is a huge change and an essential part of Bitcoins design. \n\nJust don't expect fireworks tomorrow.",
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