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Bitcoin Halving Explained (Animated) - Why, How, and What it Means for You!

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Wtf is the problem they are solving how and why are they creating blocks and for what Comment from : Scotty

What I have yet to see satisfactorily addressed is why the block reward is reduced by 50 every 210,000 blocks giving a lumpy four year cycle, instead of eg reduced by 16 every 52,500 blocks, giving a yearly cycle and thereby smoothing out the impact on the bitcoin system Comment from : Andy Kay

So if the miners solve a problem they are given 65 Bitcoin for creating 1 bitcoin?brbrSay there are 2500 miners trying to solve that problem to create 1 bitcoin, who gets the payment of 65 Btc?brbrWho now owns that 1 newly created BTC? Comment from : D Hern

Bitcoin is Thanos Comment from : Abraham Rodriguez

Lobe the way you explain this stuff so easy !! Comment from : Ishmael Daizs

Nice job! Comment from : Paul Gallo

Amazing Comment from : Crypto Smart

What happens when it halves to 0 is a big question Comment from : Zeal DMV

Yeah sir, found me some gold Comment from : ciscolypse

That is a powerful thumbnail Comment from : gz

This was SUCH a great video!!! Very informative and easy to understand Thank you!! Comment from : Justin Garfield

Great video Thanoa was wrong Comment from : EJ Simonsen

ACK audio plosives! Please buy a better pop filter Comment from : Kristi Winters

Great video! Thank you!brWhat I still don't get is who/what does the calculation of the difficulty for the block solving and ultimately changes the difficulty if that's needed? In my mind this shall still be a "centralized entity" Or did I get it wrong? Comment from : Peter Feigl

There shall be teachers like you , man ! Comment from : Addicted guy

This is so helpful, thank you very much for sharing Comment from : Mariana Toledano

there wont be any problem with bitcoin being close to zero because there all ways be the fees from the transmissions Comment from : יהונתן מימון

Thank you for video 🧐 Comment from : Al Farnese

i think , the best way is after reaching 21000 bmpkcs minned , we adjust how muc minners get using the statisctics of the price of the bitcoin Comment from : GOATS OF FOOTBALL

miners will also be in profit even after rewards got zero Because at that time of period bitcoin value skyrocket and gas money would be sufficient for miners earning Comment from : Amardeep singh

i guess the less profitable it becomes miners "sell" price will have to be that much higher pushing it up Comment from : A K

It's funny that I've watched plenty of "How Proof of Work works" but this video finally made it clear XD Thank You so much! Great video as always <3 Comment from : Szprotka

Miners will get rewarded with Bitcoin from transaction fees when the rewards go to 0 due to halving Comment from : Paolo Guerrero

amazing content if anyone is interested in more crypto knowledge just made a vid explaining the crypto cycle Comment from : Christian Finance

The system is so potential susceptible to tragedy when the number of miners will fall due to zero rewards and poorer commissions,brthe network will thus become more vulnerable This could make the network a target of 51 an attack that occurs when most of the computing power of the network is controlled by one area (China) or miner Comment from : Tadej Šefer Janc

That end is terrible We dont knowbrMiners not only get paid throw the blockreward they also get the transaction fees of the users What makes them profitable even ofter the blockrward gets zero Comment from : Coco Ardo

great video ! you make this information so understandable! Comment from : Shelby Maalouf

I completely agree with Thanos snapping away half the population Good video Comment from : Neeraj Bisht

If Satoshi Started Mining 2009, and the Bitcoin Halving even happens every 4 years, shouldnt be the halving happenning now at 2021? 2009-2013-2017-2021? >>¡¡¡*iPUMP UP/i*¡¡¡<<< Comment from : I am Patoshi

What happen if we mined all bitcoins? Comment from : NZaneZenSei23

Halving means "buy now, to the moon later" Comment from : NORCLA

Nice video 😊 I was thinking about this from some time can we connect on discord and have a conversation ( audio) about crypto because I have too many doubts and no guidance So it would be great help for me if you would host a conversation on discount Comment from : Sathvik Narayan

Great Video! Is bitcoin going to move from Proof of Work to Proof of Stake? And congrats on 1,000 Subscribers! Comment from : Nickel Gamer

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