Price increase 160% Bitcoin third block reward halves coming Google search surge

As the most well-known digital currency, BTC Bitcoin is designed to be complex and sophisticated, with a total of only 21 million pieces, and has set up a lot of pits for miners. In May, Bitcoin’s third bonus was halved, two days after searches on search engines such as Google halved.

Bitcoin is “dug” out of the calculation power, a total of 21 million pieces, every 210,000 pieces of the discovery will occur in half of the event, about four years a cycle, the first two are November 29, 2012, July 10, 2016, this year is the third half of the reward cycle, the specific time seems to be uncertain, probably around May 14.

The initial 210,000 bitcoins, the reward was 50 per block, all the way down to 25, 12.5, and after halving in May, there was 6.25 left.

Price increase 160% Bitcoin third block reward halves coming Google search surge

Half ing is very important to the bitcoin industry, because each half is almost a shuffle time, less output, mining more difficult, leading to some miners, foremen will exit the market, Bitcoin is expected to be a big rise, these days the price is close to $10,000, compared to the March of more than 3,800 dollars rose 160 percent, more than the stock.

That’s why, bitcoin halved in half of the content of the content these days on the Internet, Google’s quantitative search in half of the search volume reached 100, the highest level in recent years, and the last time the amount of quantitative search is only 28, compared with this time increased by about three times.

Bitcoin was close to the $20,000 mark at the end of 2017 and is now only half its peak.