Specifically, whenever the Bitcoin mining network processes a certain number of transactions, a new block is generated and added to the blockchain. In the Bitcoin network, miners incur significant computing and electricity costs to maintain _ security and operation, and they receive a certain amount of Bitcoin as a reward. However, over time, the difficulty of mining Bitcoin in the network increases, while the amount of new Bitcoin decreases.
The next Bitcoin halving is expected to occur around 2024, which means that the reward for mining a new block will be reduced from the current 6.25 Bitcoins to 3.125 Bitcoins. This will have a certain impact on the supply of Bitcoin and may cause fluctuations in its price. so will to 100000$ ?
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✨✨🐺 ✨✨🐺Bitcoin Halving in 2024
Specifically, whenever the Bitcoin mining network processes a certain number of transactions, a new block is generated and added to the blockchain. In the Bitcoin network, miners incur significant computing and electricity costs to maintain _ security and operation, and they receive a certain amount of Bitcoin as a reward. However, over time, the difficulty of mining Bitcoin in the network increases, while the amount of new Bitcoin decreases.
The next Bitcoin halving is expected to occur around 2024, which means that the reward for mining a new block will be reduced from the current 6.25 Bitcoins to 3.125 Bitcoins. This will have a certain impact on the supply of Bitcoin and may cause fluctuations in its price. so will to 100000$ ?