Bitcoin has reclaimed significant ground after a steep correction earlier this month, now trading above $93,000. The cryptocurrency is currently priced at $94,014, reflecting a 5% increase over the past 24 hours and more than 20% in gains over the last two weeks.
This price level marks a renewed effort to recover from the recent drop that saw BTC reach as low as $74,000, placing attention on both market sentiment and underlying network behavior.
With renewed interest in Bitcoin following last year’s Halving event, a CryptoQuant analyst has revealed interesting insights on BTC’s mining dynamics.
Post-Halving Emission Rates Deviate From Theoretical Output
CryptoQuant contributor Carmelo Alemán has presented new insights into Bitcoin’s block issuance and total daily mining output, revealing a gap between theoretical assumptions and real-world data.
His observations suggest that while Bitcoin’s block schedule is largely predictable, on-chain measurements may provide a more accurate view of post-Halving supply behavior.
According to Bitcoin’s protocol, one block is expected to be mined every 10 minutes. Following the April Halving last year, the reward for each block was reduced from 6.25 BTC to 3.125 BTC.
This would imply that approximately 144 blocks are produced daily, leading to an estimated 450 BTC entering circulation each day (3.125 BTC × 144 blocks). However, Alemán’s analysis indicates that the actual number of newly mined coins is often lower than this theoretical estimate
Credits : mitrade
