When will fil coins be halved (how often will fil coins be halved)

When will fil coins be halved? Filecoin will be halved on October 15, 2020, when the FIL excavated by miners will be halved. According to data from the Filfox browser, a total of 140000 fils (approximately $1.3 billion) have been produced in the past 24 hours, and currently more than 400 million tokens have been destroyed across the network (70% of which have been sold or otherwise transferred to the exchange) According to the market, FIL is currently quoting $10.75, with a 15% increase in May prices, reaching a 17.5% increase; But the market value has also declined As of the deadline for submission, Fil’s price was 0.062 USDT per transaction

How often does fil coin halve?

According to data from Filfox browser, as of 20:43 on May 12th, the block height of fil coin is 10 interconnection tracks 3 (i.e., four super nodes have started Filecoin mining at the same time). According to the current block production speed, there will be three halving in June 2019. And each time was in early July and mid September 2020, respectively. So when will it be halved for the second time? If there are two one-time production reductions every year starting from the end of 2017, which means that the production is reduced by half every four years, there is a high probability that there will be no second decline in overall network computing power. However, there is still a possibility that when FIL prices rise, new FIL circulation will be generated, which will increase investors’ demand for FileCoin and increase the overall market demand for FIL.