Harry 
title
did you know that back in 2009 miners were getting a whopping 50 Bitcoins for each block they mined but this number has gradually decreased over time every 4 years that reward gets cut in half a process known as Haring which is typically the time needed to mine 210,000 blocks its purpose is to slow down the rate at which new Bitcoins are created and introduced to the market avoiding inflation and increasing the cryptocurrency scarcity this is also why the maximum supply of Bitcoins is set at 21 million this limit helps set future expectations making sure Bitcoin stays valuable in the long run so fewer Bitcoins mean higher demand and you guessed it a higher price this digital scarcity is similar to the scarcity of Natural Resources just as gold is scarce on Earth Bitcoin is scarce on the internet
Ready to join the Musk Empire? Believe in the project? 🤔 Join now
