Math, asked by xsakib04, 1 month ago

You invested some capital in bitcoin. Price of bitcoin doubles every year. After three years, you invested as much capital as your initial investment again in bitcoin. Then, after two years you sold all your bitcoins. If you get 200,000 USD now, what was your initial investment?

Answers

Answered by Anupamraj1234
3

Answer:

Bitcoin halving is an important event in the network that happens every four years. ... Currently, miners get 6.25 BTC per valid block mined. But this reward changes roughly every four years, or after every 210,000 blocks are mined and gets reduced by half each time. This whole process is called bitcoin halving.

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