17,278,987 Bitcoin Mined - 12.5 BTC every 10 mins - 2020 is the next Halving - BANG!!!

in #bitcoin6 years ago

halving.jpg

BITCOIN -Halving info

Each 210,000 Blocks, the amount of Bitcoin that can be mined in each block halves. Currently 12.5 Bitcoin are able to be mined each 10mins or so.

The next expected Halving is in 2020 when only 6.25 Bitcoin will be released to the market each 10 mins.

This correlates well with John McAphe's claim of a new high for Bitcoin. He is claiming $1million, I'm not sure it will go that high, however, the last Halving in 2017 saw a huge jump in price, we can expect the same to happen then.

The key is trying to hodl on when the economies of the world start imploding.

Everyone should have a goal of owing 1 Bitcoin. Be it an investment, or speculation, only the future will tell if it will be worth the effort.

Not being involved is not an option.

Remember : This is Addictive

Cheers
GUNGA