The reward for the Genesis block was 50 bitcoins. There first halving in 2012 reduced the award to 25. The 2016 halving reduced the award to 12.5. Our most recent halving brought the reward down to 6.25. The upcoming 2024 halving will see the reward for miners at 3.125.
32 halvings and we’ve seen 3. We may not be faucet or captcha early but we are still early in the grand scheme of things.
I doubt anyone alive today will live to see the true value of Bitcoin unless Michael Saylor decides to cryogenically freeze himself until next century.
2024 will be my first halving as an investor. I’m optimistically excited about the future. Cheers!
submitted by /u/Sugar_Phut
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