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A comment on The Bitcoin Halving, Explained.

Re:The Bitcoin Halving, Explained by Animats on Tuesday April 28, 2020 @05:44PM (#23012484)
Short version: Bitcoin block reward halves every 4 years. Next halving is this May. Much speculation over whether the price will go up or down. Profits to miners decrease 50% if price stays the same.
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Re:The Bitcoin Halving, Explained by lend000 on Tuesday April 28, 2020 @05:59PM (#23012644)
> Profits to miners decrease 50% if price stays the same.

Nit: Revenue to miners decreases 50% if price stays the same.

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Re:The Bitcoin Halving, Explained by Animats on Tuesday April 28, 2020 @08:18PM (#23013782)
Right. The cost of hardware and power is substantial.
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