What’s inside a bitcoin BLOCK? #halving #hashrate
#fees #subsidy #halving #hashrate
What exactly is inside a bitcoin block?
Video Transcript
So in today’s ad hoc video what is inside a Bitcoin block every new block of Bitcoin issues 6.25 new Bitcoin and obviously people transacting they pay fees and so it’s Bitcoin already in circulation so that makes the two parts of the block the new supply of Bitcoin and new transactions
Being made on the network cuz all Bitcoin is is data this 6 .25 new Bitcoin per block every 10 minutes in April is going to get cut in half to 3.125 so 3.125 Bitcoin plus transaction fees will be the new value in each block and this will happen every four years it
Gets cut in half all the way to no new Bitcoin being issued and which means all 21 million Bitcoin will have been mind and none of us will be alive to experience it
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