Dear All,
the sentence above is a direct consequence of an interesting mathematical property of the mining curve:
During the first subsidy period of 50 BTC coinbase rewards, 50% of the supply entered circulation. In the next halving period of 25 BTC rewards, 25% of the supply entered circulation and so forth. Each halving the value of the coinbase reward is the percentage of the total supply that enters circulation over the next (app. ) 4y period.
https://bitcoinmagazine.com/technical/fun-facts-about-the-halving
Were you aware about this?
7 hours to go:
