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2024-05-26 13:45:15

stephen on Nostr: πŸ˜‚πŸ˜‚πŸ˜‚ ...

πŸ˜‚πŸ˜‚πŸ˜‚
TIL that the reason the #bitcoin halving takes place during U.S. presidential election years is due to Laszlo Hanyecz and his cohort introducing GPU mining in 2010 and shortening the first halving cycle to 3 years instead of 4 until the difficulty adjustment caught up. Otherwise, halvings would have always taken place in the year following the election.

Another page of #BitcoinPizzaDay history.
Author Public Key
npub1lqulkec5tx98yv7snk759tuzejtcr5865468fuvyrtuskhynpyush5qaf3