So many predictions due to awareness of Bitcoin Halving 2024. Someone says it's gonna bullish or bearish depending on what they want to say. So far, Bitcoin's halving is a pre-programmed event where the rewards for mining new blocks get cut in half. The ones who need to be concerned are miners. It'll impact a big one for all miners out there.
https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00
What do we need to do? Well, be ready for this. We know that something is going to happen in the future. Doing research and joining the community is the best thing for now. As people always say when things happen like this, "Prepare for the impact".
Information from Nicehash:
Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code.
FYI, It's not just Bitcoin. Bitcoin Cash and Bitcoin SV are going to get halving too on different timestamps. The Bitcoin family will get that for sure.
It's still a long day. I think It won't impact me too much. After digging some information, I think it'll impact at least how I manage my assets in 2024.
Back to staking ALIVE!
I already delegated 510 HP to youarealive to increase my ALIVE rewards too. Go!
What you can get/do after stake more ALIVE?
- Join #IAmAliveChallenge or #IAAC at @alive.chat
- Join #AliveonFriday at @flaxz. You can see the update of the rewards in his post.
- Get more "Daily payout based on your ALIVE stake" in LOLZ, PGM, BRO, and DHEDGE. For more information: https://www.wearealiveand.social/hive-155221/@flaxz/dollaralive-staking-rewards-apr-384percent-at-a-prize-of-03-dollarhive-per-dollaralive-for-our-daily-staking-rewards
- More ALIVE Power = More rewards for your curation and author reward.
- Bring a new level to tip people with !ALIVE.
MyHiveGoals: 10,000 ALIVE POWER
Current AP: 4,479.6874 ALIVE POWER (44.79%)
Bought and stake: 30.3126 ALIVE (+0.30%)
Updated AP: 4,510 ALIVE POWER (45.10%)
5,490 ALIVE Power again to finish the goal.