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When will btcv reduce production (will btc reduce?)

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{p}btcv when will reduce production According to btcv enthusiasts (bitcoinfans.c

When will btcv reduce production (will btc reduce?)

{p}

btcv when will reduce production According to btcv enthusiasts (bitcoinfans.com) news, with the continuous growth of the Bitcoin network, it is becoming more and more popular worldwide. According to the latest data, as of June 2, 2018, the current total supply of Bitcoin is 10,500,000 coins. According to the Bitcoin white paper, Bitcoin Cash is one of the most valuable and liquid currencies in the world. However, due to mining rewards being determined by a vote selling to another super node, the price of Bitcoin Cash has now dropped to $0.009, meaning Bitcoin’s inflation rate will soon reach over 100%. So when will the reduction in production begin? Why is it necessary to conduct a third block production to reduce output? Because there is no limit to the total amount of Bitcoin, and in the long run, there will not be too much change until a new 21 million BTC is finally determined to be mined. {p}

{h2}Will btc reduce and rise? {/h2}

According to btc.com data, the current Btc price is $4.88, with a 24-hour increase of 16.8%. Some netizens have expressed that whether the price will rise after the reduction in production is one of the factors worth paying attention to. According to statistics, on May 11, 2019, the total supply of Bitcoin Cash (BSV) decreased from 10,000 BTC to 800 million tokens, and then the new issuance volume increased by about 5% per day to push up the price. According to bitinfocharts data, since the 6th quarter of 2020, the block reward has decreased to the level of 6.25 BCHSV, and then adjustments are made every few days. In addition, the total supply of BSV currently circulating in the market has also nearly doubled.

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