The Bitcoin halvingsThe Bitcoin halvings
Bitcoin has 32 halvings. We have only seen 3 so far. The road from 50 $BTC to 1 $Sat:
Genesis - Block reward 50
2012 Halving - Block reward 25
2016 Halving - Block reward 17 5
2020 Halving - Block reward 6.25
We are here
2024 Halving - Block reward 3.125
2028 Halving - Block reward 1.5625
2032 Halving - Block reward 0.78125
2036 Halving - Block reward 0.390625
2040 Halving - Block reward 0.1953125
2044 Halving - Block reward 0.09765625
2048 Halving - Block reward 0.04882812
2052 Halving - Block reward 0.02441406
2056 Halving - Block reward 0.01220703
2060 Halving - Block reward 0.00610351
2064 Halving - Block reward 0.00305175
2068 Halving - Block reward 0.00152587
2072 Halving - Block reward 0.00076293
2076 Halving - Block reward 0.00038146
2080 Halving - Block reward 0.00019073
2084 Halving - Block reward 0.00009536
2088 Halving - Block reward 0.00004768
2092 Halving - Block reward 0.00002384
2096 Halving - Block reward 0.00001192
2100 Halving - Block reward 0.00000596
2104 Halving - Block reward 0.00000298
2108 Halving - Block reward 0.00000149
2112 Halving - Block reward 0.00000074
2116 Halving - Block reward 0.00000037
2120 Halving - Block reward 0.00000018
2124 Halving - Block reward 0.00000009
2128 Halving - Block reward 0.00000004
2132 Halving - Block reward 0.00000002
2136 Halving - Block reward 0.00000001
What are your thoughts seeing this?
In case anyone is confused, 2016's halving is wrong. It should read:
2016 Halving - Block reward 12.5
Indeed, you are correct.
Liked this tweet too 😆
2128 should hard fork a 4.5 sat block reward
We might hard fork before that - to fix the Y2038 problem.
There won't be any issues in Bitcoin in 2038, that issue will appear in 2106 as Satoshi said:
That's correct. I never said the issue will appear in 2038, I meant before the year, mentioned above my comment - 2128.
Why?
To continue halving forever
So why are you pro tail emissions? (Just curious, people have their reasons)
It was a bad joke
We'll all be dead by 2120
I was pointing out the rounding error & how there are a little less than 21mil bitcoin
In about a decade or so the transaction fees will probably already be higher than the block reward.
After that I reckon the halving won't have a massive effect on the price.
when 1 sat = 1 usd?
1 sat = 1 sat