Sentences with phrase «halving event»
The phrase "halving event" refers to a situation where the amount of something is reduced by half. Full definition
As the block mining reward halving event approaches, many people in the bitcoin space are excited because of the potential for an increase in the digital currency's price.
coindesk.com
Following the bitcoin halving event on July 9th, the price of bitcoin stabilized in the mid-600 range and remained there through most of July.
As the block mining reward halving event approaches, many people in the bitcoin space are excited because of the potential for an increase in the digital currency's price.
We also firmly believe the upcoming halving event is good for the industry because it will motivate Bitcoin companies to innovate,» said Valery Vavilov, CEO of BitFury, referencing the Lightning Network, Segregated Witness, and sidechains as recent developments.
Image: Screen capture from Sprint «Cut Your Rate Plan in Half Event That's Incredible» commercial..
«If I can win more money in 12 events than someone can win in 23, I don't see any reason why — I played half the events and won more money,» McIlroy said.
Terriers are the winningest group in WKC history, having won nearly half the events throughout the club's history.
The next halving event is expected to happen in less than two months.
We also firmly believe the upcoming halving event is good for the industry because it will motivate Bitcoin companies to innovate,» said Valery Vavilov, CEO of BitFury, referencing the Lightning Network, Segregated Witness, and sidechains as recent developments.
The Bitcoin Halving Event, which had numerous predictions of price drops and hashrate drops, had neither occur with both relatively constant.
In their eyes, because a halving event has already occurred once without destroying the network, they feel comfortable heading into this next event.
A day and a half event that unites the private equity, venture capital, and entrepreneurial communities in the Mid-Atlantic region.
Based around this expectation, Willard indicated he did not anticipate significant volatility resulting from the halving event.
While some might look to halving events with anxiety, speculating that it may make it economically unfeasible for some miners to stay in business, Lee asserted that many in the bitcoin community take a different tack.
This is an indication that the halving event is regarded as a good thing for the Bitcoin industry and it is positively impacting the market even before it takes place.»
Zhao states that «the halving event occurred in 2016, [which] also has become a turning point of the start of the new bull market.
These two incidents, combined with another halving event, drove the Bitcoin price up 163.9 %.
In their eyes, because a halving event has already occurred once without destroying the network, they feel comfortable heading into this next event.
While the halving event was an especially boring day for bitcoin, it showed, again, that it continues its journey from a risky experiment to real - world tool.
Bitcoin has now experienced two halving events, which, theoretically, should have had a jolting effect on the network and price.
Programmed into bitcoin's code, a halving event is when the subsidy for miners securing the network is cut in half.
As bitcoin issuance diminishes over time with each halving event, increasing scarcity should raise the future price.
The next halving event is projected to take place in June 2020.
Bitcoin price watching during 2016 has been very exciting — we have seen the halving event on 9 July, Bull runs, stable periods, reactions to exchange hacking and the highest ever traded volume supporting price rises.