In May of 2020, bitcoin will see its next halving the reduction of the reward for successfully mining a block. The Nakamoto white paper specifies that every 210,000 blocks, the reward for successfully mining a block is cut by half. But while these occur roughly every four years with the estimated reward dropping to one &8230nThe post The Kindest Cut Why the 2020 Bitcoin Halvening Is the Most Important Yet appeared first on Bitcoin Magazine.n

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Author: CryptScout.com