Pick Your Poisson

Pick Your Poisson
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This article is featured in Bitcoin Magazine’s “The Halving Issue” and is sponsored by HIVE Digital Technologies LTD as part of Bitcoin Magazine’s “Buy The Numbers” content series. Click here to get your Annual Bitcoin Magazine Subscription.
Calculated probabilities were calculated by Greg @ learnmeabitcoin.com
Block 840,000 is not just another block in the blockchain; it triggers the Bitcoin halving where the block reward is reduced from 6.25 BTC to 3.125 BTC, cutting the amount of BTC mined each day in half. You don’t have to be a Princeton economist to understand the impact this will have on the supply and demand dynamics for bitcoin. Beyond the obvious halving of the block reward, a new market has developed around Ordinals which could have a significant impact on what happens to the first block of the halving. Contained within the first block of the halving is an extremely rare “epic sat”. While Ordinals have divided some Bitcoiners on their merit, th

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