Congratulations 🎉 the BTC 4th halving 🥳
2 comments
The BTC(Bitcoin) block rewards are halved from 6.25 BTC to 3.125 BTC. I had been worried about the decreased block reward for BTC miners. I thought their mining hashrate will move to other POW(Proof Of Work)-based coins like BCH(Bitcoin Cash).
However, take a look at the picture. While the blcok reward is only 3.125 BTC, the tx(transactions) fee is around 37 BTC 🤯 It's 10 times more than the current block reward. So, BTC miners are not likely moving their hashrate.
It's the historical moment. You've been doing well during this cycle. I think the first federal funds rate cut will be coming this summer. I hope you will have a good result this cycle 🙏
Comments