In May of 2020, bitcoin will see its next halving: the reduction of the reward for successfully mining a block. The Nakamoto white paper specifies that every 210,000 blocks, the reward for successfully mining a block is cut by half. But while these occur roughly every four years (with the estimated reward dropping to one […]The post The Kindest Cut: Why the 2020 Bitcoin Halvening Is the Most Important Yet appeared first on Bitcoin Magazine.
