Keywords/phrases: the Halvening / Bitcoin halving. Block reward, ending the era of 25 BTC & entering the era of 12.5 BTC. Differences in monetary policy expectations with Bitcoin vs. central banks. Transition from CPU to GPU to FPGA to ASIC mining and back again. The wall in Moore’s Law. The 16nm haves and the have-nots.Price volatility. The price will go up – and down!