The article claims that the rate of Bitcoin (BTC) surged by an average of 3,230% following the halving of each mining incentive.

The payout was halved once, on November 28, 2012, from 50 BTC to 25 BTC. After the halving, the asset's value increased from $12 to $1,075 in a year. The rate increased by 8,858% in a year. The inflation rate dropped from 25.7% to 12% by January 2022.

On July 9, 2016, the incentive for mining a block was lowered from 25 BTC to 12.5 BTC, marking the second halving. After a year in which the value of Bitcoin surged by 294%, the market responded with yet another rise. The price of Bitcoin jumped from $650 to $2,560, and its inflation rate decreased from 8.7% to 4.1%, making it the first cryptocurrency.

On May 11, 2020, there was a third halving, with the block reward falling to 6.25 BTC. After the 2020 halving, the price of Bitcoin rose by 540% in just one year. The price of Bitcoin shot up to $55,847 from $8,727.

Due in large part to the excitement around spot Bitcoin ETFs and optimistic investor expectations, Bitcoin had a great start to the year, rising to an all-time high of almost $73,000.