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20 Days
Antminer S19Pro 20Days
BTC-Activity
Service Fee
The service fee refers to the operation and maintenance expenses incurred by 1024Mining to ensure the stable operation of the mining machine.
$0.0439/TH/Days
Hashrate fee
Cloud computing power fees refer to the fees paid when purchasing computing power through cloud services.
$0.0298/TH/Days
Sold 30%
$14.74
$17.36
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Countdown to BitcoinSV
production reduction.
Days
Hours
Minutes
Seconds
Estimated date of reward distribution:
2024-02-15
12.5
Block Rewards
6.25
Block Rewards After Halving
620,000
current block height
$ 370.80
Trading price
10,000
Blocks Left
0-0.00
difficulty

What is a BitcoinSV block halving event?

Block halving events happen every 4 years or 210,000 blocks on BitcoinSV blockchain. The current block reward is 12.5 BSV , the next block reward will be 6.25 BSV . This lowers the rate at which BitcoinSV is generated. The halving is periodic and is programmed into BitcoinSV’s code.

Why was this done?

Conventional FIAT currencies allow governments or banks to print money and cause inflation. In BitcoinSV’s case, the total supply will be maxed out at 21,000,000 BSV . Printing extra money causes inflation, if there is no extra money printed, the value of the BitcoinSV should increase as the demand will rise (more people will start to use BitcoinSV) and supply will lower or stay flat (no more BitcoinSVs are “printed”). This makes BitcoinSV similar to gold, which has limited supply and cannot be “printed” or artificially created.

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