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A History of Bitcoin Halvings: The Great Coin Squeezes
Bitcoin, the king of cryptocurrencies, has a built-in feature called the halving. It's kind of like a money squeeze! Every four years or so, the number of new Bitcoins created gets cut in half. This article dives into the history of these halvings and what they've meant for Bitcoin.
The First Squeeze (November 2012): Back in the early days, miners were raking in 50 Bitcoins per block. Then came the first halving, reducing the reward to 25 coins. The impact? The price of Bitcoin actually went up in the following year!
The Second Squeeze (Ju
Bitcoin, the king of cryptocurrencies, has a built-in feature called the halving. It's kind of like a money squeeze! Every four years or so, the number of new Bitcoins created gets cut in half. This article dives into the history of these halvings and what they've meant for Bitcoin.
The First Squeeze (November 2012): Back in the early days, miners were raking in 50 Bitcoins per block. Then came the first halving, reducing the reward to 25 coins. The impact? The price of Bitcoin actually went up in the following year!
The Second Squeeze (Ju