Bitcoin Halvings Explained (Road to the 2024 Halving)

1 year ago
5

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Roughly every 4 years, Bitcoin production gets cut in half in an event known as the halving. So far 3 halvings have occurred in 2012, 2016, and 2020. The next one is on track to occur in 2024.

As of current day, 19.4M Bitcoin have been mined. Only 21M bitcoin will ever exist, and 92% of them are already on the open market.

Soon Bitcoin production will flatline and we’ll go from being supply dominant to demand dominant! This will shoot price to the moon!

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