Picture taken April 6, The event, expected in Mayslashes by half the number of new coins awarded to bitcoin miners who provide global supply of the cryptocurrency by solving complex maths puzzles. Players in the know are preparing for the sharp price gains and volatility that have accompanied previous halvings, which happen roughly every four years and act to both ensure the scarcity of bitcoin and keep a cap on price inflation.
There are likely to be winners and losers.
So market participants, from bitcoin miners and traders, are trying to fathom how the next halving might play out to gain an edge. The fracture to the production of bitcoin provides a reminder of one reason why the decentralised digital currency has confounded regulation and acceptance by mainstream finance: Its fate remains tied to arcane technological factors.
In theory, if supply is cut and demand stays constant, prices rise. This time around, seven crypto traders and miners interviewed by Reuters said the May halving would probably lead to greater volatility and trading volumes.
Le prix est différent. Combien pouvez-vous gagner sur les grues Bitcoin en une tâche?
However the cut to supply is liked to be more priced in than previously, they said, with many traders already geared up for the upcoming event. They gains satoshi bitcoin rewarded with a set number of bitcoin, currently At current rates of block creation, the next halving will take place in May, when the number will gains satoshi bitcoin to 6.
In the one-year periods after the two previous halvings, in November and Julybitcoin rose around by 80 times and four times respectively. It is not clear how much of these price gains was down to the halving, versus with other factors.
En échangeant des bitcoins avec quelqu'un près de chez vous. En gagnant des bitcoins par le biais de minage compétitif.
This time around, bitcoin derivatives markets - still nascent - point to higher volatility around the time of the halving, said Jeff Dorman of Arca, a U. Such volatility in bitcoin markets tends to benefit quantitative hedge funds and high-frequency traders that seek to make money from swinging crypto prices.
But for miners that hold large inventories of bitcoin, volatility can also be a hindrance. For them, stability of price gives greater predictability for investment in new gear.
Le premier bloc bloc Genesis est miné le 3 janvier Il est ainsi estimé que Nakamoto a accumulé entre 1 et 1. On notera au passage que les wallets identifiés comme étant ceux de Satoshi sont monitorés, surveillés précieusement par des observateurs attentifs. Une forme de consensus existe pourtant sur le sujet, tendant à considérer que cette colossale fortune ne bougera vraisemblablement plus en dépit des trépidations et autres moulinets de bras menaçants de certains.
While bitcoin futures contracts allow miners to hedge the risk of their inventories, there are currently few tools for them to properly hedge against volatility, said Ricky Li, co-founder of crypto trader Altonomy.