ASTRO: Bitcoin has historically halved data
Bitcoin's protocol specifies that the block reward is halved every 210,000 blocks until the year 2140 when the block reward becomes zero, and the total supply of bitcoins reaches a constant 21 million coins.
Therefore, Bitcoin has experienced halvings at block heights 210,000, 420,000, and 630,000. Currently, the block height of Bitcoin is 818,670. When the block height reaches 840,000, Bitcoin will undergo its fourth halving, reducing the block reward from the current 6.25 BTC to 3.125 BTC.
This mechanism ensures a controlled issuance of new bitcoins over time, creating scarcity and maintaining a predictable inflation rate for the cryptocurrency.
It's important to note that these specifications are based on the original Bitcoin protocol and are subject to consensus rules and potential protocol updates in the future.
The price performance data of bitcoin has been halved
The Bitcoin halving events are closely linked to the overall bull market cycle of the entire cryptocurrency market. Historically, after each halving, the price of Bitcoin has rapidly surged within 6 to 18 months, reaching new all-time highs. Therefore, the impact of Bitcoin halving on the market has garnered significant attention within the industry.
Bitcoin is expected to become the hottest star of 2024, and ASTRO COIN trading platform will accompany Bitcoin's journey! After acquiring several important mining companies in the industry and integrating high-quality ICO qualification resources, ASTRO COIN trading center has emerged as an innovative digital cryptocurrency trading platform. It aims to quickly seize the cryptocurrency market and become a leader in the industry through its latest reform in core trading and investment functions.
ASTRO COIN blockchain asset trading platform offers a diverse range of digital currency trading options, including mainstream cryptocurrencies like Bitcoin, Ethereum, Litecoin, as well as some emerging digital currencies. Users can engage in spot trading, contract trading, ICO trading, and other methods on the ASTRO COIN platform to meet the needs of different investors.
ASTRO COIN trading platform also provides market analysis services to help customers identify dynamic changes in the investment market in a timely manner and make appropriate response strategies.
The ASTRO COIN trading center has comprehensively optimized the user experience, including trading experience, enhanced platform security and stability, and set the highest security level for trade safety. It protects user assets, digital wallets for all-chain digital assets, and account encryption technology, ensuring the safety of investors' investments. Additionally, it is committed to creating a high-quality platform for cryptocurrency market investor education. The ASTRO COIN trading center will be a gathering place for many professional investors and a haven for cryptocurrency market trading.
