Bitcoin breaks through 900,000 blocks! Miners' wealth surges, and a thousandfold appreciation may be welcomed in the next 10 years!
🚨 Historic breakthrough! Bitcoin has officially reached a block height of 900,000! This is another milestone in the history of cryptocurrency, and the distance from 800,000 to 900,000 has been faster than expected, taking only two years! The next millionth block is expected to arrive in May 2027! This means that the Bitcoin blockchain is expanding at an astonishing pace, and this is just the beginning!⏳
Bitcoin hash rate and price volatility:
As the Bitcoin network continues to grow, the hash rate has shown great volatility. From early June 2024 at 600 million TH/s to falling below 580 million TH/s by mid-July, the price dropped from $70,000 to nearly $60,000, but as the hash rate steadily rebounded, the price of Bitcoin once again broke through $90,000! This wave of volatility not only proves the strong resilience of Bitcoin but also represents the best opportunity for miners and investors to gain tremendous wealth!💥
Miners make a fortune!
At this historic moment, block 899,826 was successfully mined by independent miners through Solo CK Pool! This means that this lucky miner received a reward worth up to $330,386 — 3.125 BTC + 0.026 BTC in transaction fees! Additionally, this block contained 3,680 transactions with low network congestion, proving the health and stability of the Bitcoin ecosystem!⛏️
Bitcoin halving prospects:
Every Bitcoin halving can trigger a frenzied market surge, and the next halving is expected to occur in March 2028, when the block height will reach 1,050,000! The supply-demand imbalance in the market will become more severe before and after the halving, and prices may see explosive growth! If you missed past price increases, don’t miss this opportunity!💸
The future of Bitcoin, where to go?
According to forecasts, by 2140, the issuance of new Bitcoin will completely stop, and miners will rely on transaction fees to maintain operations. This means that Bitcoin will become a scarce digital asset and may become the cornerstone of the global financial system, with prices skyrocketing!📈
Conclusion:
Bitcoin is making history, and every breakthrough in block height brings new opportunities to the market!
