Tag: halving

25May2020

For Bitcoin users, the transaction fees for the past three weeks have been very expensive. According to Blockchain.com data, the average cost of sending a BTC transaction soared from about $ 0.5 at the beginning of this month to $ 6.33 on May 21-an increase of more than 1000% in just a few weeks. This […]

23May2020

Since the beginning of 2020, despite the market crash on March 13, investors and traders have been working hard to accumulate bitcoin. It has previously been reported that bitcoin’s hoarding sentiment has risen. This observation indicates that the community’s interest in holding bitcoin is increasing as the “Bitcoin Hodler net position change” reaches its annual […]

21May2020

In the early hours of May 12, Bitcoin completed the third block reward halving. After that, the data on the chain and the transition state of the market can be described as “calm”, but in calm, the market also shows some more obvious changes. trend. The currency price is stable and the correlation with S […]

21May2020

The bitcoin block size has reached a record high. According to data from Blockchain.com, since the halving occurred last week, the average weekly size of the Bitcoin block has reached a record high. As shown in the figure below, the data shows that the combination of two key factors has led to the emergence of […]

20May2020

The third halving of Bitcoin recently marks another important step in the evolution of this pioneer cryptocurrency. The halving reduces the block rewards miners receive to maintain it as a premise of deflationary currency. But critics expressed some concerns before Bitcoin halved. Some people focus on the impact of halving the price of BTC, and […]

18May2020

Bitcoin ushered in the third halving. On May 12, Beijing time, as the 630,000th block was mined, the Bitcoin block reward was reduced from 12.5 BTC (Bitcoin) to 6.25 BTC. Since 2012, the Bitcoin block reward has been halved from the original 50 BTC to 6.25 BTC three times. Unlike the previous two halvings, Bitcoin […]

15May2020

In the early hours of May 12, Bitcoin ushered in the third halving in history. Overnight, 45 types of miners have reached the shutdown price, and they will lose money when they are turned on. The price of the S9, the king of the first generation, fell to 100 yuan. After halving, the mining industry […]

15May2020

The halving on May 12th, watched the live broadcast of Erbao, really shocked four. The main argument that caused controversy is about the speculative nature of the Bitcoin market. Erbao believes that the currency circle is a zero-sum game that does not generate any value. It is a game between each other. The money you […]