Bitcoin (BTC), Bitcoin SV (BSV) and Bitcoin Cash (BCH) will all be undergoing a block reward halvening within the next 6 months. Bitstocks Relationship Manager, Antonio Shillingford, and CTO, David Arakelian break down the role of Bitcoin miners, the purpose of block rewards for incentivising network growth, the impact of previous halvening events, and the projected impact of the 2020 halvening on the profitability and sustainability of mining.

Watch the whole podcast, or jump to the parts that interest you most!
00:01:30 - The role of miners within the Bitcoin ecosystem.
00:04:20 - Beyond ‘magic tokens’, Bitcoin as Timechain.
00:05:06 - The incentives of mining bitcoin, then and now
00:08:53 - How block rewards incentivise growth of the Bitcoin network.
00:09:53 - The deflationary design of Bitcoin.
00:11:59 - Bitcoin’s economic model and token economics.
00:13:51 - Why it’s illogical to bank on BTC price increase at halvening.
00:14:13 - What human nature (and history) predicts for the halvening’s impact on BTC.
00:17:55 - The Bitcoin halvening’s impact on businesses.
00:18:26 - A likely outcome of the 3 competing Bitcoin chains undergoing halvening.
00:24:41 - Post halvening sustainability of mining profits.
00:32:42 - Price action during previous halvening events on Bitcoin and Litecoin and correlation with next halvening.
00:36:47 - BSV gameplan to compensate for halvening with transaction fees.
00:38:06 - Innovating income streams for miners.

https://youtu.be/Dwyrdq2zcPM