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Bitcoin Halving 2020

Home - Bitcoin - Bitcoin Halving 2020
bitcoinhalving 2020

The 2020 halving event has generated much optimism in the crypto community, with many expecting the digital asset to repeat its historical performance.

Bitcoin tends to pick up a strong bid six months ahead of the reward halving, according to historical data.

Currently, miners get 12.5 BTC for every block mined. That will drop to 6.25 BTC after the halving, meaning 50 percent fewer bitcoins will be generated every 10 minutes.

A Bitcoin block halving is anticipated for May 2020.

Bitcoin Halving :- 

First Halving: took place on 28-11- 2012  with a price of $12.50 BTC/USD exchange rate.

Second Halving: took place on 09-07- 2016  with a price of $650 BTC/USD exchange rate.

Third Halving: May 20, 2020  EXPECTED

On May 20, 2020, an event will take place that could change the value of bitcoin forever. – Bitcoin Halving

Unlike fiat currencies, which can be printed by central banks at will, the supply of bitcoin is limited algorithmically. There will only ever be 21 million bitcoins in existence.

To know exact Bitcoin Halving Date & Info  Click Here

bitcoinhalvingcoming
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Let us see the below calculation of  Bitcoin mining in years and  till 2140 .

BITCOIN FINANCIAL REWARD SYSTEM.
YEARS IN OPERATION: 2009 – 2140

GENISIS BLOCK = 50 per block
6 blocks per hour = 300 hour
24 hours a day = 7200 day
365 days a year (x 4 years) = HALVING.

2009
per block – 50
per day – 7,200
per halving – 10,512,000
total coins created 10,512,000
total % created – 50.06%

2012
per block – 25
per day – 3,600
per halving – 5,256,000
total coins created – 15,768,000
total % created – 75.09%

2016
per block- 12.5
per day – 1,800
per halving- 2,628,000
total coins created – 18,396,000
total % created – 87.60%

2020
per block – 6.25
per day – 900
per halving – 1,314,000
total coins created – 19,710,000
total % created – 93.86%

2024-
per block – 3.125
per day – 450
per halving – 657,000
total coins created – 20,367,000
total % created – 96.99%

2028
per block – 1.5625
per day – 225
per halving – 328,500
total coins created – 20,695,000
total % created – 98.55%


(LESS THAN 1 CREATED PER BLOCK)


2032-
per block – .78125
per day – 112.5
per halving – 164,250
total coins created – 20,859,250
total % created – 99.3298%

2036
per block .390625
per day – 56.25
per halving – 82,125
total coins created – 20,941,375
total % created – 99.7208%




2040
per block – .1953125
per day – 28.125
per halving – 41,062.5
total coins created – 20,982,437.5
total % created – 99.9164%


(LESS THAN 0.1 CREATED PER BLOCK)


2044
per block – .09765625
per day – 14.0625
per halving – 20,531.25
total coins created –
total % created –

= EQUALS 21,002,968.75 ? ? ?

ONLY 21 MILLION COINS ?!?!
x x xx x x x x x xx x x x x xx x x x x x xx
? ? ? ? ? ? ? ? ?

2048
per block – .04882813
per day – 7.03125
per halving – 10,265.625
total coins created –
total % created –

2052
per block – .02441406
per day – 3.515625
per halving – 5,132.8125
total coins created –
total % created –

2056
per block – .01220703
per day – 1.7578125
per halving -2,566.40625
total coins created –
total % created –


(LESS THAN .01 PER BLOCK)
(LESS THAN 1 CREATED PER DAY)


2060
per block – .00610352
per day – .087890625
per halving – 1,283.203125
total coins created –
total % created –

2064
per block – .00305176
per day – .439453125
per halving – 641.6015625
total coins created –
total % created –

2068
per block – .00152588
per day – .2197265625
per halving – 320.80078125
total coins created –
total % created –




2072
per block – .00076294
per day – .10986328125
per halving – 160.400390625

2076
per block – .00038147
per day – .054931640626
per halving – 80.2001953125

2080
per block – .00019073
per day – .0274658203125
per halving – 40.10009765625

2084
per block – .00009537
per day – .01373291015625
per halving – 20.050048828125




2092
per block – .00002384
per day – .00343296
per halving – 5.0121216

2100
per block – .00000596
per day – .00171648
per halving – 1.2530304


(LESS THAN 1 CREATED PER HALVING)


2104
per block – .00000298
per day – .00085824
per halving – .6265152

2108
per block – .00000149
per day – .00042912
per halving – .3132576




2116
per block – .00000075
per day – .000108
per halving – .0783144

2120
per block – .00000037
per day – .000054
per halving – .0391572

2124
per block – .00000019
per day – .000027
per halving – .0195786

2128
per block – .000000009
per day – .0000135
per halving – .0097893

2132
per block – .00000005
per day – .00000675
per halving – .00489465

2136
per block – .00000002
per day – .000003375
per halving – .002447325

2140
per block .00000001
per day – .0000016875
per halving – .0012236625

<<< END // ZEROED OUT >>>

 

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