All publications of Kolin Lukas . Dallas , United States of Ame

What effect will the halving have on your Bitcoin balance?

Since the second halving of Bitcoin - miners have been credited 12.5 BTC who correctly validate a block of transactions.

On or about May 12, 2020 the third Bitcoin halving will take place and the block reward for miners will go from 12.5 to 6.25 BTC.

The daily production of Bitcoin will go from about 1800 BTC daily to roughly 900 daily.

Although not instantaneous, we can certainly expect a “supply shock” for BTC which will drastically increase price action/demand for Bitcoin. Previous halving events have resulted in 600-12000% gains for Bitcoin over the proceeding 12-18 months.

If you want to learn more about the BTC halving subscribe to our daily newsletter for free at onyx.substack.com

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Why Gold will Soar in 2020.

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Donald Trump needs the USPS to win the 2020 election. Here’s why.

Published by Kolin Lukas DeShazo

— The USPS is fighting for survival but Donald Trump is using a $10B loan as leverage. This could legitimately hurt his chances for re election in November.