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Date Posted: 17:32:48 05/11/20 Mon
Author: Eli
Subject: BTC Halving.

Happy Halving everyone.

If halving keeps happening every 4 years. In 12 years reward will be 0.39 btc to solve a block. Right now a block reward is 12.5 btc which is about $112500.00. That means in 12 years 1 BTC should be around $288,461.00 for mining to remain profitable and what not. This is without accounting to inflation of 3% annually. If you add the 3% inflation you could end up with each bitcoin around $400k 😱
The other alternative is all mining farms going into select few which it seems to be where mining is headed.

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