April 13, 2020, 6:23AM EDT
• 2 min read

A brief look at Bitcoin's third halving

Quick Take

  • The third Bitcoin halving is happening in less than a month
  • Bitcoin’s inflation rate will drop from 3.8% to less than 2%, which will be twice as low as Ethereum’s
  • Miners currently generate $13.4 million a day, which will likely decrease to $6.7 million after the halving
  • Bitcoin’s hash rate will see a hash rate drop as inefficient miners become unprofitable
  • The drop shouldn’t be larger than 30%, which would still put it at levels seen 7 months ago

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here