Video Transcript

Happy Leap Year Day which means it’s the 29th of February but the planet is not the only thing with a 4year cycle and some other Celestial type interesting things let me show you Bitcoin has blocks found approximately every 10 minutes based on compute power the difficulty adjustment regulates that 10

Minutes to approximately 14 days by looking at every 2016 blocks to see if it fits 10 minutes if it’s slower it makes it easier if it’s quicker it means more Hardware has come online and so it increases the difficulty to mine blocks to regulate time in space and the one that everybody

Knows is the issuance of new Bitcoin per block is cut in half every 210,000 blocks AKA 4 years so it’s a regulation of energy space and time 10minute blocks 14-day adjustments for your cycle