The third halving, that is, a decrease in the miners’ reward by half, will happen in mid-2020. Then the reward for a found block will be reduced from 12.5 to 6.25 BTC.
According to analysts, halving will lead to a further rise in bitcoin prices. This is confirmed by the statistics of the previous years.
In total, there have been two halvings in the history of Bitcoin — in 2012 and 2016. Both times, cutting the reward resulted in a powerful bullish trend. Nonetheless, there’s a reason for investors to rejoice even now — according to statistics, in the run-up to the halving, the price of bitcoin has also been growing, although not too fast.
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In total, there have been two halvings in the history of Bitcoin — in 2012 and 2016. Both times, cutting the reward resulted in a powerful bullish trend. Nonetheless, there’s a reason for investors to rejoice even now — according to statistics, in the run-up to the halving, the price of bitcoin has also been growing, although not too fast.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.