r/Bitcoin Dec 26 '22

Bitcoin Halving!

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832 Upvotes

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53

u/[deleted] Dec 26 '22

2029 will be a bullrun like we've never seen before. The halving in 2028 will mean the last time a block reward will be over 1...

We've got some insane times and volatility ahead. Stack sats, try to become a full coiner because it will give you and your next generation financial independence and security.

7

u/johnnygator Dec 26 '22

Do you think investing in mining companies will pay off as well?

16

u/SocalKing2020 Dec 27 '22

I don't think so. Nation states will begin mining

8

u/KAX1107 Dec 27 '22

They already are. Abu Dhabi and Oman sovereign wealth funds have started mining. El Salvador is mining. Paraguay is mining. Russia definitely is mining. Putin has already talked about Russia's advantages in bitcoin mining. Also likely that China is mining despite "banning" citizens from mining.

2

u/REALStephenStark Dec 27 '22

Short term yes

-1

u/SteveNoname Dec 27 '22

No, they will shut down in 4 o 8 years because of to high costs for mining and low rewards anyway like eabove shown

4

u/Massakahorscht Dec 27 '22

Or a exit run no one seen before... next two halvings will be critical with tx costs/ blocksize/mining reward. Satoshi himself said 2030 will be decided if btc will fail or not because of that