Winter Halving

Winter Halving Facts

• On September 04 2024 the mining supply of Winter tokens is cut in half.
• Instead of 105 tokens every ten minutes, only 52.5 Winter tokens will be produced every ten minutes.
• This effectively doubles the cost of production of Winter tokens.
• As a result, mining Winter tokens will become unprofitable overnight.
• This puts upward pressure on the price of Winter tokens relative to the other 3.

What do We Expect After the Halving?

The halving of mining supply has happened already three times in Seasonal Tokens.

1. June 2022 the mining supply of Spring tokens was cut in half.Spring was the cheapest token of the four, and few months later it was the most expensive of the four.
2. March 2023 the mining supply of Summer tokens was reduced from 140 to only 70 Summer tokens every ten minutes. Summer was the cheapest token, and few months later it became the most expensive of the four.
3. December 2023 the mining supply of Autumn tokens was reduced from 120 to 60 tokens every ten minutes on average. And few months later Autumn became the most expensive of the four tokens.

Therefore, we expect that few months after the mining supply of Winter tokens is cut in half,  Winter will go from being the cheapest of the four tokens to be the most expensive.

Number of Tokens per Reward

Every ten minutes on average a miner finds a solution to the proof of work challenge and receives a reward in tokens. There are 144 rewards per day.

Mining Supply

Month	Year	Spring	Summer	Autumn	Winter
September	2021	168	140	120	105
June	2022	84	140	120	105
March	2023	84	70	120	105
December	2023	84	70	60	105
September	2024	84	70	60	52.5
June	2025	42	70	60	52.5

This will end the era of plentiful Winter tokens and start a new "Spring Season" when the Spring tokens will be the one produced at the fastest rate.