With Bitcoin halving, now only two months away, the current price of Bitcoin threatens the break-even cost for miners. This presents a scenario for large
There are many expectations about what will happen in the market once the BTC halving takes place. What do you think will happen? #Bullish or #Bearish? More
Block Halving ETA: 106 days, 18 hours, 46 minutes Date ETA: May 9, 2020
At that point, a 50% reduction in the number of new Bitcoins released to miners each block would further limit the flow versus the existing stock. Thereafter, he has said, price performance should accelerate dramatically — by 2022, a single Bitcoin should be worth around $100,000.
Bitcoin’s expected mining-reward halving in May 2020 could leave prices for the cryptocurrency in a range between $20,000 and $50,000, according to a new estimate.
Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year’s halving.
How does the Bitcoin Halving affect Bitcoin’s price?
Historical evidence puts next year’s event in context as Bitcoin network’s next watershed moment.