Why Nostr? What is Njump?
2024-02-19 22:31:51

bkkarki21 on Nostr: Bitcoin miners compete to add a new block to the blockchain every ~10 minutes and are ...

Bitcoin miners compete to add a new block to the blockchain every ~10 minutes and are rewarded 6.25 bitcoins for doing so currently. This sums up to 900 new btc production per day (Epoch-04.)
In less than 9000 blocks, which is tentatively scheduled for 04/20/24 🍃🔥, btc production will be reduced to 450 btc per day ~ 3.125 btc per block (Epoch-05.)
And that always leads to price discovery 😎
Author Public Key
npub1rcc7f6s2dyh30e45sqyupxl5d6v7yjlh94rq29myntz8wkjnpvmqv9amf9