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20 Days
Antminer S19Pro 20Days
Service Fee
The service fee refers to the operation and maintenance expenses incurred by 1024Mining to ensure the stable operation of the mining machine.
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Cloud computing power fees refer to the fees paid when purchasing computing power through cloud services.
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Estimated date of reward launch:
26 April 2023, 12:00 UTC
event block height
current block height
block time
BTC 4.67e-7
Trading price
BTC 4.67e-7
total market
422.346 m

Handshake halving

Handshake, similarly to Bitcoin, is halving block reward every 170,000 blocks. Because one block is generated approximately every 10 minutes, the halving happens approximately every 1180 days or 3.23 years .

The current Handshake block reward is 2,000 HNS. After the halving, the block reward will be halved from 2,000 HNS to 1,000 HNS.

Why was this done?

Conventional FIAT currencies allow governments or banks to print money and cause inflation. In Handshake’s case, the total supply will be maxed out at 2,040,000,000 HNS . Printing extra money causes inflation, if there is no extra money printed, the value of the Handshake should increase as the demand will rise (more people will start to use Handshake) and supply will lower or stay flat (no more HNS is “printed”).

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