{"id":26373,"date":"2024-02-21T23:27:11","date_gmt":"2024-02-21T23:27:11","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=26373"},"modified":"2024-02-21T23:27:11","modified_gmt":"2024-02-21T23:27:11","slug":"the-halvening-is-coming-what-this-means-for-bitcoin","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2024\/02\/21\/the-halvening-is-coming-what-this-means-for-bitcoin\/","title":{"rendered":"The \u2018halvening\u2019 is coming \u2014 what this means for bitcoin"},"content":{"rendered":"<p>Quite possibly the dumbest meme in the bitcoin calendar is coming around again \u2014 so we&#8217;ve written it up. [<a href=\"https:\/\/amycastor.com\/2024\/02\/21\/the-halvening-is-coming-what-this-means-for-bitcoin\/\"><em>Amy Castor<\/em><\/a>]<\/p>\n<p><span style=\"font-weight: 400;\">To understand the \u201chalvening,\u201d you need to know about two things:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The practical problems for bitcoin miners when half their income suddenly vanishes;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A whole mythology of inane gibberish.<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2024\/02\/21\/the-halvening-is-coming-what-this-means-for-bitcoin\/halvening\/\" rel=\"attachment wp-att-26374\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-26374\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/02\/halvening.jpg\" alt=\"\" width=\"510\" height=\"315\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/02\/halvening.jpg 680w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/02\/halvening-300x185.jpg 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/02\/halvening-348x215.jpg 348w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/a><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>There can only ever be 21 million bitcoin memes.<\/p>\n","protected":false},"author":1,"featured_media":26374,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[21,42,1717],"class_list":["post-26373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-bitcoin","tag-bitcoin-cash","tag-mining"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2024\/02\/halvening.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/26373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=26373"}],"version-history":[{"count":3,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/26373\/revisions"}],"predecessor-version":[{"id":26377,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/26373\/revisions\/26377"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/26374"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=26373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=26373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=26373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}