Bob Burnett, CEO of Barefoot Mining, published an article on the X platform to clarify a common misunderstanding about the Bitcoin output rate. Bob Burnett said that the actual average block time was shorter than the widely assumed 10 minutes, resulting in more blocks per day than expected. The number of blocks should be 146.7 instead of 144. As a result, daily Bitcoin production is now higher than the expected 900, reaching 966 due to block rewards and transaction fees.
Burnett said that with the halving event coming next year, although the block reward will be cut in half, the increase in handling fees means that the new daily output will be reduced to 507.6 Bitcoins, rather than the expected 450. This means that daily production will be reduced to 52.5% of current production, while people had previously expected it to drop to 50% of current production. Although the data seems to be similar, these details are very important to miners and traders, because They impact revenue forecasts and market liquidity. (Bitcoin.com)