Chii chichaitika kana Bitcoin hafu? Nzwisisa maitiro eBitcoin hafu uye maitiro ayo

Bitcoin yakaunza chiitiko chechina che "hafu" munhoroondo.

数据表明，截至北京时间2024年4月20日8:09，比特币在区块高度840000处胜利完成了这一重大时刻，挖矿奖励从6.25BTC减半至3.125BTC，而上一次减半则发生在2020年5月11日。

Ndeipi nzira yeBitcoin kudzika nepakati?

Iyo Bitcoin hafu chiitiko chakakosha che cyclical munzvimbo ye cryptocurrency, uye nguva chaiyo inoenderana nekumhanya kwekugadzira block muBitcoin network.

Ichi chiitiko chinoitika kamwechete pamakore mana.Kana kuti mushure me21 zvidhinha zvakacherwa paBitcoin blockchain, iyo Bitcoin mibairo migodhi inogashira kubva kune yega yega block ichave nepakati.

Chinangwa chepakati ndechekuderedza chiyero chinogadzirwa maBitcoins matsva, nekudaro kuchengetedza kushomeka kwavo uye kukosha.

• Nekuti cryptocurrency inochinja zvakanyanya uye inoperekedza njodzi dzekudyara dzakakura, kana iwe uchida kutora chikamu chehafu yeBitcoin mibairo yemigodhi, zvinokurudzirwa kuti mari yacho isapfuure 10% yedhipoziti, zvikasadaro iwe hausi kuzoisa mari.

Historical kupatsanura zviitiko:

• 2009: Bitcoin migodhi mibairo inotanga pa50 BTC pa block.
• 2012: Kutanga hafu, mubairo wakadonhera ku25 BTC.
• 2016: Chechipiri chechipiri, mubairo wakadonha kusvika ku12.5 BTC.
• 2020: Chechitatu hafu, mubairo unodonha kusvika 6.25 BTC.
• 2024: Chikamu chechina, mubairo uchadonha kusvika 3.125 BTC.

Ndeipi mhedzisiro ichave neBitcoin hafu?

Chii chichaitika mushure meBitcoin hafu:

1. Kune vashandi vemumigodhi, kupatsanura nepakati zvinoreva kuti mibairo yavo yebhuroko inodzikiswa, izvo zvinogona kukanganisa purofiti yavo uye kurudziro yezvicherwa.
2. Pamusika, zviitiko zvehafu zvinowanzobatanidzwa nekuwedzera kwemitengo yeBitcoin, sezvo kuderedzwa kwekutengesa kunogona kutungamirira kune kuwedzera kwehama mukudiwa, kusunda mutengo wepamusoro.
3. Kune vanoisa mari, iyo hafu chiitiko chakakosha sezvo chinogona kukanganisa maitiro avo ekudyara uye kudzoka.

Mutengo weBitcoin unokwira zvishoma mushure me 'hafu'

Kunonzi “hafu” zvinoreva kuti mibairo inotambirwa nevacheri vemigodhi iri nepakati. Nguva yese iyo Bitcoin blockchain inogadzira 21 zvidhinha, mubairo weBitcoin wemubairo unoiswa nepakati. Kusanganisira nguva ino, Bitcoin yakaona "hafu" ina kubva pakuzvarwa kwayo muna 2009.

Mushure mekubuda kwenhau, mutengo weBitcoin wakadonha zvishoma uye parizvino uri kuchinjika kutenderedza $63550 pamari.

Mhedzisiro yehafu iyi ndeyokuti nhamba yevashandi vemigodhi yeBitcoins vanogamuchira kuburikidza nekuongorora kutengeserana pazuva inoderedzwa kubva pa900 kusvika ku450, uye mibairo inogamuchirwa nevacheri inoderedzwawo kubva pa6.25 Bitcoins kusvika pa3.125 Bitcoins.

"Kubvisa" = nhanganyaya yemusika mutsva wenzombe?

Bitcoin vatsigiri vakanga vambotarisira kuti "hafu" kwaizova chinokonzera itsva nzombe musika nokuti nepo kudiwa Bitcoin gwapa ETFs akawedzera, "hafu" kwakawedzera kuderedza kupa Bitcoin.

历史上，比特币减半事件前后的价格波动引起了广泛关注。在2012年、2016年和2020年的减半事件前30天，比特币价格分别上涨了5%、13%和27%。此外，减半事件还推动了比特币地址数量的增长，尤其是在减半后的150天内，新创建的比特币地址数量分别增长了83%、101%和11%。

Kunyange zvazvo mitengo yeBitcoin yakakwira kusvika pakakwirira-nguva mushure mezviitiko zvehafu yapfuura, vataridzi vemusika, kusanganisira vaongorori kubva kuJPMorgan Chase neDeutsche Bank, vakanga vambofanotaura kuti kukanganisa kwe "hafu" iyi yaizonyanya Kuve yakagayiwa nemusika pachine nguva. .

JPMorgan muongorori Nicholas Panigirzoglu akati musi weChina kuti anotarisira kuti Bitcoin iuye pasi pekumanikidzwa kwenguva pfupi sezvo misika inotengwa zvakanyanya uye mitengo inoramba yakasimudzwa maererano negoridhe. Akataura zvakare kuti crypto purojekiti mari ine husimbe.

Vanoongorora kuDeutsche Bank vaive nemaonero akafanana. Marion Labour, muongorori webhangi, akati mumushumo weChina: "Musika watove wakachera kukanganisa kweBitcoin's 'halving' kusvika pamwero wakati. Tichifunga nezvemaitiro eBitcoin algorithm, iyi hafu ndeyekurukuru It zvave zvichitarisirwa nemusika Hatitarisire kuti mutengo weBitcoin uchakwira zvakanyanya mushure mekuderera.

Guo Qicong, CEO weSingapore-based digital asset exchange AsiaNext, akati: "Sezvingatarisirwa, 'hafu' yakanyatsoratidzwa mumutengo, saka kuchinja kwemitengo kune zvishoma. Iye zvino, indasitiri ichamirira uye kuona kuti chii chiri mberi. inobata pakati pekufarira kwemasangano kunoenderera mberi here mumavhiki mashoma?

Mechanically, iyo "hafu" pachayo haifanire kukanganisa mitengo yeBitcoin munguva pfupi, asi vatengesi vazhinji vanotarisira kukwira kwakanyanya mumwedzi iri kuuya zvichienderana nekuita kweBitcoin mushure mehafu yapfuura. Mushure mehafu muna 2012, 2016 uye 2020, mutengo weBitcoin wakawedzera nekanosvika makumi mapfumbamwe nenhatu, makumi matatu uye ka93 zvichiteerana kubva pamutengo pazuva rehafu kusvika padanho repamusoro.

Zvakakosha kucherechedza kuti nguva imwe neimwe Bitcoin inopinda "pakati," kukanganisa (kureva, dilution effect) yehuwandu hweBitcoins huchangobva kucherwa pahuwandu hweBitcoin hunoderera. Semuenzaniso, mushure mekutanga "hafu", nhamba yeBitcoins ichangobva kucherwa yakanga yakaenzana ne50% yeBitcoins yose mukutenderera panguva yehafu, iyo yakave nemigumisiro yakawanda pahuwandu hwehuwandu. Zvisinei, mushure me "hafu" yechina, nhamba yeBitcoins ichangobva kucherwa inongoverengera 3.3% yehuwandu hwemazuva ano, uye kukanganisa kwehuwandu hwehuwandu huchanyanya kuderera.

Muhoro unodzikira zvakanyanya? Munhu mukuru akabatwa ne "hafu" anooneka?

Kuenzaniswa neBitcoin pachayo, "kugadzika" uku kune zvakanyanya kukosha kune vashandi vemumigodhi.

Manheru ekupera kwehafu, mitengo yemasheya eBitcoin yakachinja zvakanyanya Semuyenzaniso, maRiot Platforms akavhara pasi angangoita 41% neChishanu chapfuura, asi akakwira 2023% muna 356. Zvizhinji zveBitcoin miner stock mitengo yadonha nenhamba mbiri kusvika pari zvino gore rino, mukupesana zvakanyanya nekuwana kwe2023% kusvika 300% muna 600.

JPMorgan muongorori Reginald Smith nguva pfupi yadarika akacherekedza mutsamba kune vanoisa mari:

"Nemamwe mamiriro asara asina kuchinjika, 'kucheka nepakati' kuchaderedza zvakanyanya mari yeindasitiri uye kukonzeresa kutenderera kutsva.

Kubatanidzwa kwemaindasitiri uye kuvharwa kwekambani yemigodhi. Asi panguva imwe cheteyo, 'kucheka nepakati' kunotarisirwa kuenzanisa simba remakomputa etiweki uye mashandisirwo emari mumaindasitiri, izvo zvinozobatsira makambani emigodhi asara. "

Bernstein muongorori, Gautam Chogani akati:

“Mukushaikwa kweBitcoin ETFs, musika wakaona zvitoro zvemigodhi sedzimwe nzira dzeBitcoin Kupatsanurwa kwehafu kuchawedzera kusiyanisa vashandi vemigodhi: vanodhura-vasingadhuri, vanokatyamadzwa, vanokunda vanozobuda muhuwandu hwevacheri vemigodhi vadiki nepakati. inogona kunge isina kunaka mushure mekupatsanurwa."

Mari yevacheri veBitcoin inonyanya kubva pazvinhu zviviri: mibairo yemugodhi uye mubhadharo wekutengesa. Kunyange zvazvo "hafu" inobata zvakananga mibairo yemigodhi, mari yevashandi vemigodhi, yakadai semagetsi emagetsi, mari yemidziyo, nezvimwewo, haizoderedzwa ne "hafu".

Izvi zvinoreva kuti kana mitengo yeBitcoin uye mubhadharo wekutengesa ukasasimuka zvakanyanya kuti ubvise kukanganiswa kwemubairo we "hafu", vazhinji vemigodhi vanogona kutarisana nematambudziko ekubatsira.