FinTech Magazine February 2020 | Page 43

HALVENING THE BITCOIN
43 in the balance . Thankfully , there are several indicators that this may also be the year that the industry finds its footing . Cryptocurrencies are finding support and investment from big players in both the public and private sectors , as well as finding new use cases that allow it to tap into new markets .
Here are the three cryptocurrency trends that FinTech magazine thinks will make or break the industry over the coming 12 months .
HALVENING THE BITCOIN
A lot of what ’ s going to happen to cryptocurrencies this year is speculation , but one event that ’ s almost a concrete certainty is slated to occur around May . The rate at which the Bitcoin blockchain awards crypto miners with pieces of currency is about to be cut in half . This happens every time 210,000 blocks have been mined from the blockchain - which equates to roughly every four years - until all the Bitcoins have been mined .
www
. fintechmagazine . com