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RE: Only 3000 hours until the next Bitcoin halving

in #bitcoin4 years ago

Greetings Appreciated @jondoe.

The payment per block will go from 12.5 BTC to 6.25 BTC for miners, every ten minutes. Thus, Bitcoin takes longer to extract as the difficulty increases and the price increases. This Bitcoin design that makes it deflationary also makes it work as a store of value.

Will we be at the gates of a new Bull´s or Bear´s Run?

"Bullish or Bearish this is the question".

All best, Piotr

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The difficulty only increases if more miners join the network.