The Bitcoin Cycles

Halving Events

New coins are issued by the Bitcoin protocol roughly every 10 minutes, depending on mining difficulty and network hashrate.

Halving events occur every 210,000 blocks, or roughly every 4 years. This is when the block reward is cut by half.

On Jan 3 2009 the first block to ever be mined was the Genesis Block (#0) which yielded a 50 BTC reward.

Historic Prices

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