Bitcoin BTC Price
$76,040.53
10%$75,667.11
$77,239.75
Bitcoin Overview
Bitcoin conversely works in a decentralized manner. Since there is no central figure like a bank to verify the transactions and maintain the ledger, a copy of the ledger is distributed across Bitcoin nodes. A node is a piece of software that anybody can download and run to participate in the network. With that, everybody has a copy of how much balance Alice and Bob has, and there will be no dispute of fund balance. Now, if Alice were to transact with Bob using bitcoin. Alice will have to broadcast her transaction to the network that she intends to send $1 to Bob in equivalent amount of bitcoin. So how does the system determine if Alice has enough bitcoin to execute the transaction? This is where mining takes place.
Bitcoin Mining
Bitcoin conversely works in a decentralized manner. Since there is no central figure like a bank to verify the transactions and maintain the ledger, a copy of the ledger is distributed across Bitcoin nodes. A node is a piece of software that anybody can download and run to participate in the network. With that, everybody has a copy of how much balance Alice and Bob has, and there will be no dispute of fund balance. Now, if Alice were to transact with Bob using bitcoin. Alice will have to broadcast her transaction to the network that she intends to send $1 to Bob in equivalent amount of bitcoin. So how does the system determine if Alice has enough bitcoin to execute the transaction? This is where mining takes place.
Bitcoin Halving
Bitcoin Halving or sometimes also known as the Halvening, refers to the reduction of block reward to miners by half. This is part of its built-in monetary policy, in which after every approximately 4 years, the mining reward will be halved towards the limited capped supply of 21 million Bitcoin. Once 21 million of Bitcoin have been minted, there will no longer be new supply of it rewarded to miners, and miners are expected to earn revenue by way of transaction fees. In order to follow the real time of when the halving will take place, you can bookmark the CoinGecko's bitcoin halving page.
Bitcoin Markets
| Ast | Exchange | Pair | Price | Spread | -2% Depth | -1% Depth | +1% Depth | +2% Depth | 24H Vol | Vol % | Trust |
|---|---|---|---|---|---|---|---|---|---|---|---|
| #1 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
| #2 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
| #3 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
| #4 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
| #5 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
| #6 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
| #7 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
| #8 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
| #9 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
| #10 |
Binance
|
BTC/FDUSD | $75,905.99 | 0.01% | $10,29,315 | $10,729,315 | Abc.........np562 | $13,558,513 | $4,304,584,898 | 7.41% | High |
