![The Halving Issue: Letter From The Editors The Halving Issue: Letter From The Editors](https://bitcoinmagazine.com/.image/c_fit,h_800,w_1200/MjA1ODI5MzA5ODE2OTA3NTUw/letter0.jpg)
First, 50. Then, 25. Eventually, 12.5. After that, 6.25. And now, 3.125. Four halvings later, we enter the fifth of 33 epochs of Bitcoin. The first 32 epochs, in Bitcoin-terms, last 210,000 blocks,…
First, 50. Then, 25. Eventually, 12.5. After that, 6.25. And now, 3.125. Four halvings later, we enter the fifth of 33 epochs of Bitcoin. The first 32 epochs, in Bitcoin-terms, last 210,000 blocks,…