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Writer's pictureFahad H

What determines the provision of bitcoin?


What determines the provision of bitcoin?

A probabilistic, geometrically declining provide operate meant to simulate the issuance of valuable metals. Every ten minutes, new bitcoin are created. Every 4 years, the block reward cuts in half in what is called “the Halvening.”

Thank you Andreas!

To be taught extra about Bitcoin, learn Satoshi Nakamoto’s authentic white paper from Oct. 2008.

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