Mining reward halvings are a hot topic in the crypto markets, as they alter a cryptocurrency’s supply and often have a significant impact on prices. Bitcoin, the biggest cryptocurrency by market value, underwent its third halving on May 11, which reduced the reward per block mined to 6.25 bitcoin from 12.5. Bitcoin offshoots bitcoin cash …
Zcash’s First Halving May Solve Its Inflation Problem Read More »
Allen Farrington writes at Quillette, Areo and Merion West, as well as extensively on Medium, where he has several much longer essays on Bitcoin, finance, economics and related topics. His collected writings can be found here. He lives in Edinburgh. At approximately 8:23 p.m. GMT on Monday, May 11, the 630,000th Bitcoin block was mined, …
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing,” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. On May 11, block 630,000 on the Bitcoin network was mined. The rate …
Bitcoin’s Halving Is Nothing Like Quantitative Tightening Read More »
Bitcoin’s halving appeared to have fueled a surge in a trading product at one of Wall Street’s most important financial institutions. Trading volumes and open interest in CME Group’s bitcoin options product has surged since the event last Monday, which saw the number of bitcoins produced with each transaction block falling from 12.5 BTC to …
As the latest Bitcoin halving approaches, miners are upgrading equipment, optimizing arrangements, conserving power and more in the race to dominate. How are bitcoin (BTC) miners strategizing for the upcoming halving event, in which block reward subsidies will be cut by 50 percent? On this week’s episode of “Bitcoin Halving 2020: Miner Perspectives,” Kristy-Leigh Minehan …
Bitcoin Halving: How Miners Prepare for Lower Block Rewards Read More »
Fours day after finally breaching the $7000 mark in the charts, Bitcoin registered another slump of $400 in 5 hours, bringing the valuation back under the 7k range. However, BTC’s price looked more than certain and assured in the long-term scenario and the recent decline could only be a minor bump before its eventual rally …
Bitcoin likely to cross $8000 mark before its 3rd halving Read More »
Hosted by CoinDesk Research Analyst Christine Kim, the first episode of the Bitcoin Halving 2020 podcast series is about the impact of bitcoin’s third halving on the concentration of miners in China. In about 40 days, the world’s first and largest cryptocurrency by market capitalization, bitcoin (BTC), will undergo a pre-programmed block reward reduction known …
Bitcoin Halving 2020: Miners in China Brace For Impact Read More »