The Bitcoin Halving Explained: Supply, Scarcity and Cycles
Every 210,000 blocks the mining reward halves. Here is how that schedule builds Bitcoin’s 21 million cap, why miners feel it first, and why the familiar price story deserves more scepticism.
Every 210,000 blocks the mining reward halves. Here is how that schedule builds Bitcoin’s 21 million cap, why miners feel it first, and why the familiar price story deserves more scepticism.