The Bitcoin halving equation (taken from @Adam Back)
According to Grok:
A compact mathematical model of Bitcoin’s core consensus rule. It states that a coinbase transaction c (the special transaction that creates new bitcoins) is valid for the current block only if, when you hash together the previous block’s hash h_i, this coinbase c, and the exact protocol-allowed subsidy of \frac{50}{2^h} BTC (where h is the number of halvings that have occurred), the resulting block hash h_{i+1} satisfies the proof-of-work condition of being less than the current difficulty target T. In short, it cryptographically binds two rules into one statement: miners must perform real computational work (hash < target) and may only claim the precisely correct block reward dictated by Bitcoin’s halving schedule.










