RE: Bitcoin price 260825
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Always does. The next Bitcoin halving is expected to occur in 959 days, on April 12th, 2028. Between now and then, only 431,806 BTC will be mined. After that, approximately 656,250 BTC will remain to be mined over the subsequent 100 years. Following the halving, miners will receive 1.5625 BTC per block they solve, compared to the current 3.125 BTC (valued at $346,487). To maintain their profitability, the price of Bitcoin will need to double. So far, 94.82% of all Bitcoin has been mined. Once all coins are mined, miners will rely solely on transaction fees for income. The most recent block received just 0.0133 BTC in fees, worth $1,472.29. If electricity costs remain the same, Bitcoin's price would need to increase by 250 times from the current level to generate enough in transaction fees alone to cover mining expenses.
