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May 25, 2020
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Bitcoin

What is the Bitcoin half-life? Explain the impact on virtual currency price and caution points


Virtual currency Bitcoin half-life is the half-life is to maintain the mechanism of “mining” of virtual currencies such as Bitcoin (BTC). An event that halves. A virtual currency with a preset issuance limit is set so that the amount that can be mined and the mining amount (supply amount) will decrease at a specific timing, and this is called a half-life (bit coinhalving). With Bitcoin, every time a block that summarizes a transaction is generated, the calculation work for that is performed.

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