Bitgesell is Freedom

 


Bitgesell Is Freedom

Bitgesell (BGL) presents a compelling investment opportunity, especially now while it remains relatively inexpensive. With a total supply of 21 million coins, Bitgesell's blockchain has already shown significant promise. As per the Bitaps Explorer, the circulating supply stands at 18,920,650 BGL coins, and 1,014,023 coins have been successfully burned within the blockchain, effectively reducing the available supply.

One notable feature of Bitgesell is the diminishing number of coins available for mining. From today, 19.10.2023 there are around 2,079,350 BGL coins left to be mined through Proof of Work (PoW), utilizing advanced hardware like ASIC processors. This scarcity will potentially drive the value of BGL coins upward.

Moreover, the Bitgesell blockchain is designed to undergo a total of 34 halvings by 2054. This strategic reduction in mining rewards ensures that the coin supply decreases over time, adding scarcity and potentially driving demand and value. As of now, three halvings (first halving: 28.03.2021; second, 06.04.2022) have already occurred since 2020, with the most recent on April 18, 2023.

The next halving is just around the corner, set to take place in 187 days. This event can be compared to a moment of celebration, much like the 4th of July, bringing joy, value, and happiness to Bitgesell investors. Halvings typically lead to a reduction in the rate of new coin issuance, which can create upward pressure on the coin's value.

Considering the limited supply, consistent halvings, and the promise of increased value, investing in Bitgesell at its current price point presents a significant opportunity for those looking to benefit from the potential appreciation in the value of Bitgesell coins.


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For more information, please, read Cointelegraph or Bitgesell Explorer Bitaps

https://cointelegraph.com/press-releases/introducing-bitgesell-the-blockchain-focused-on-scarcity/amp

https://bgl.bitaps.com/



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