Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
A Process That Reduces The Block Reward For Mining New Bitcoins By 50 Every Four Years
A Process That Reduces The Block Reward For Mining New Bitcoins By 50 Every Four Years latest news, images, analysis about The Bitcoin Halving takes place about every four years and reduces the block reward by 50%. This lowers the supply of bitcoins entering the market, which increases scarcity and can act to raise its price if market conditions remain the same. Block rewards are part of the blockchain's automatic process of … See more
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