Expected blocks mined over the next year times average reward per block divided by circulating supply. is the method of calculating the inflation rate of BTC , In comparison to Gold which could suddenly have a mine have less than expected (google sons of Gwalia). or have a new supply found or become economic to mine .
WhatHappens When Bitcoin Halves?
The term "halving" as it relates to Bitcoin has to do with how many Bitcoin tokens are found in a newly created block. Back in 2009, when Bitcoin launched, each block contained 50 BTC, but this amount was set to be reduced by 50% roughly every four years. Today, there have been three halving events, and a block now only contains 6.25 BTC. When the next halving occurs, a block will only contain 3.125 BTC.
WhenHave the Halvings Occurred?
The first Bitcoin halvingoccurred on Nov. 28, 2012, after a total of 10,500,000 BTC had beenmined. The next occurred on July 9, 2016, and the latest was on May11, 2020. The next is expected to occur in early 2024.
