#BTC is now officially x2 times more rare than #GOLD
GOLD Stock to Flow = 213,000 tons/3,650 ton = 58,4
BTC SF (pre Halving) = 19,5 Mln/329,500 = 59,18
BTC SF (after Halving) = 19,5 Mln/164,750 = 118,36
#Bitcoin wallets generally allow more privacy because they use a different address for each transaction. Each time you send or receive bitcoin, a new address is generated, which makes it more difficult to trace transactions and identify the parties involved.
Did you know?
Mt. Gox: Once the world's largest #Bitcoin exchange, handling over 70% of global transactions. In 2014, it filed for bankruptcy after approximately 850,000 bitcoins (worth over $450 million) were stolen from its wallets, causing significant market repercussions.
#Bitcoin halving
The #Halving occurs after every 210k blocks mined.
The exact timing depends on the speed at which new blocks are mined, which can vary due to factors like changes in mining difficulty and hash rate.
Some numbers about past halvings:
When you see mining #Bitcoin as more than just minting new coins, but rather as the cornerstone of decentralizing Bitcoin's security, you grasp its true significance in the cryptocurrency ecosystem.