What is the current inflation rate of BTC?
BoonherBNov 19, 2020 · 5 years ago3 answers
Can you tell me the current inflation rate of Bitcoin (BTC)? I'm interested in knowing how the rate of new BTC supply is determined and how it affects the overall value of Bitcoin.
3 answers
- Horton McKayJan 22, 2023 · 2 years agoThe current inflation rate of Bitcoin (BTC) is determined by its block reward halving mechanism. Approximately every four years, the number of new Bitcoins created with each block mined is cut in half. This reduction in the rate of new supply entering the market helps to control inflation and maintain scarcity, which is one of the factors driving the value of Bitcoin. As of now, the inflation rate of BTC is around 1.8% per year. However, it's important to note that this rate will continue to decrease over time as the block reward halvings occur.
- Luan BrandãoMar 31, 2024 · a year agoThe inflation rate of Bitcoin (BTC) is currently around 1.8% per year. This rate is determined by the block reward halving mechanism, which reduces the number of new Bitcoins created every four years. The decreasing rate of new supply helps to maintain scarcity and control inflation, which contributes to the value of Bitcoin. It's worth noting that the inflation rate will continue to decrease as more halvings occur in the future.
- LeWayTaJul 11, 2023 · 2 years agoBYDFi, a leading cryptocurrency exchange, provides up-to-date information on the current inflation rate of Bitcoin (BTC). As of now, the inflation rate is approximately 1.8% per year. This rate is determined by the block reward halving mechanism, which reduces the rate of new supply entering the market. The decreasing inflation rate helps to maintain the scarcity and value of Bitcoin. For more detailed and real-time information, you can visit the BYDFi website.
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