In less than a month from now, probably on or around May 12, 2020, the rewards for mining Bitcoin will drop from 12.5 BTC per block (today) to 6.25 BTC afterwards. The so-called “Bitcoin halving” seems like a major event. But is it, really?

Searches for “Bitcoin halving” have never been so frequent — ever. There are hundreds of tweets and blog posts and media articles about the halving. And several countdowns are trying to approximate — to the second! — the remaining time before the event… Is all the excitement truly justified? I’m afraid not.

Cyril Fievet

Computer engineer. Journalist and author. Covering technology, innovation and the digital era for 20 years. Twitter: @cfievet Bio/References: nanoa.com

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