Peck by twetch#14119

twetch#14119 6.4y

1MDAd1…zLTp Key · twetch

Bitcoin halving is going to pump Proof of Stake projects as mining BTC is no longer profitable

What the chain says

Transaction: 9141cbd9b9ee043bb34847bb21a16479f86dc6ae171bb3edd8d3fd0e8fd80c30
Block: 632 740
Time: 2020-04-29T20:51:49Z
Signer: 1MDAd1e8RMqtex6jiWsTHKgLLthUN8zLTp
App: twetch
Type: post
Content type: text/plain
Name in tx: twetch#14119

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1MDAd1e8RMqtex6jiWsTHKgLLthUN8zLTp Verified

Replies (4)

twetch#678 6.4y

19gAUD…ALhv Key · twetch

btc halved 2 consecutive times in early 2018 and halved again in early march with the rona. Hash kept going to ATH regardless.

What do you see different this time around?

twetch#14119 6.4y

1MDAd1…zLTp Key · twetch

Halving does not refer to price. It refers to mining rewards cutting in half. Check it out

twetch#678 6.4y

19gAUD…ALhv Key · twetch

btc was 20k and it dropped to like 6k within months.

thats almost 2 halvings in miner revenue. Check it out

twetch#14119 6.4y

1MDAd1…zLTp Key · twetch

Ok, but that’s not what a “halving” is in terms of the programmed reward halving for mining