My buddy Harry Sudock has a wager with Danny Knowles of What Bitcoin Did fame about the prospect of a 50 BTC block reward in this new epoch. Putting aside a couple of fat fingers, the last time this happened was over 4000 days ago.
Late last Friday night, his bet almost hit on the very first halving block, a 40.751 BTC stunner.
Ironically, miners were the big winners at this turn of the epoch, netting just over 100 million dollars in total revenue on the day — almost five times the previous all-time high.
The days around the halving, visualized as block fee rates.https://t.co/FP3PfGHAiB pic.twitter.com/xcS22GPw79
— softsimon (@softsimon_) April 21, 2024
Beyond the numbers, this time felt different. While the halving is usually a reminder of Bitcoin’s reliability, this year’s event was anything but predictable. On and off-chain, significant narratives converged and culminated in an unprecedented climax. I wasn’t there for the first halving but the previous two e
We współpracy z: https://bitcoinmagazine.com/technical/weekly-reorg-this-time-is-different
