Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC

On February 7, the blockchain analytics supplier Tradeblock printed a report concerning the upcoming BTC reward halving. BTC’s block reward is predicted to halve on or round Might 12, 2020, and Tradeblock’s report estimates that the fee to mine BTC can be over $12,500 after the halving.

Additionally Learn: The Controversial S2F Mannequin Predicts Bitcoin Value Will Attain 100,000 USD Inside 2 Years

BTC’s Value Should Rise In keeping with Post-Halving Cost Estimate

The good reward halving of 2020 is coming and the dialogue about this matter has intrigued crypto supporters. BTC, the most important blockchain community by market capitalization, will see a reward halving on or round Might 12, 2020.

This implies a miner who finds a block on the community will solely get 6.25 BTC, compared to immediately’s 12.5 BTC reward. In fact, the BTC reward halving has prompted intense hypothesis on whether or not the worth will rise previous to the halving and stay worthwhile to mine after…

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