The most popular crypto-centric question today is about the details of the infamous bitcoin mining halving.

Every four years, Bitcoin’s block reward (earned by miners who successfully add new blocks to the end of BTC's blockchain) is cut in half.

First, a reduction from 50 BTC to 25 BTC in November 2012, then the second halving shifted the pre-determined goalposts from 25 to 12.5 BTC in July 2016. Now, the anticipation of the next halving event will see the block rewards drop from 12 to 6.25 BTC in May 2020.  This permanent change in the mining rewards system for newly-minted bitcoins is Satoshi's vision for designing a deflationary, digitally-scarce cryptoasset.

The excitement is now building up about what effects the halving will have on bitcoin's price and the entire cryptocurrency market, knowing the 18th million BTC (85% of all) has already been issued to-date.

The biggest question of all is, how will this effect Bitcoin with this years halving? What price will bitcoin be by the end of 2020?

Thank you for listening to Everything Crypto podcast. This is episode 044 of Everything Crypto