A massive event just took place Bitcoin Halving what does it mean?

Something happened that only happens 1 time every 4 years...

Bitcoin mining rewards halved!

What does it mean? 

Simply put, miners only earn half what they used to for solving a block. 


You may know when BTC started, approximately 50 BTC

where mined (awarded to the miner) every block (every 10 minutes) 


That was 7200 BTC per day available to be earned mining from your computer!


As time goes on, 2 things have happened.

How much you get rewarded for mining BTC has reduced,

(halving every 4 years)

and how hard it it s to mine has increased.

(increased difficulty level both mathematically and competitively)


After 4 years, that 50 BTC rewards halved to 25 per block.

then halved again to 12.5 and now in 2020... only 6.25 BTC per block. 


It will remain like that until 2024 when it halve again.


This powerful reducing inflation schedule with fixed total supply

is exactly why we modeled the Asimi minting schedule to do the same.



What has happened with the last 2 halvings?


While each halving resulted in volatile price,

the year to follow was always a strong year for growth of BTC, 

While there are many contributing factors to price growth,

one of the primary reason is the severe drop in new inflation.

(half the amount of new coins to hit the market)

This is in stark contrast to how monetary policy 

is done globally with currencies like Dollars, Pounds Euro, ect

which continuously erode your purchasing power.


A schedule like BTC does a couple of things. 

  1. Highly rewards early adopters

  2. Makes for a rocky start as the coin finds its value but an incredibly exciting finish as a squeeze happens as time goes on that can drive price through the roof! (Like we have seen with BTC)

Through increasing demand while also decreasing new supply,

incredible things happen.


We talk about that a lot here

and exactly why we modeled the BTC schedule with Asimi.

https://youtu.be/7RGeMRL7udg


If you want to REALLY success with Asimi

over the months and years to come... I recommend you watch it



Have a great day, and as always, thank you😇


Disclaimer:

We love getting motivated, pushing toward our online business goals and sharing that news with others. Online business has changed our lives forever and found more freedom and choice than would have ever been available working at a job. So, while we might mention some results and just how amazing your income and life could become... that's in no way a guarantee of what you may achieve. In fact we can't make any guarantee of any results whatsoever because we don't know your level of commitment to your goals or your work ethic to get things done. That comes down to you and may impact your overall results.  What we offer are the tools, training and traffic to build a successful business online, but it's up to you to be committed, have the discipline to show up, and make the most of what we are offering you.

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