The bitcoin halving is when the reward for bitcoin mining is cut in half. The first of which happened in 2012, and the next will occur in 2024.
On april 2024 the block reward will be reduced from 6.25 bitcoin per block to 3.125 bitcoin per block. This event occurs approximately every four years, or more precisely, every 210,000 blocks.
Bitcoin’s Halving Timetable In 2024 Is Crucial After The 2022 Crypto Winter And The 2023 Economic Downturn.
Get the latest updates on the btc halving, which occurs on the bitcoin.
The Bitcoin Whitepaper Says The Block Reward Should Be Permanently Cut In Half Every 210,000 Blocks, Or Roughly Every 4 Years To Reduce The.
What is a bitcoin block halving event?
Images References :
This Event Occurs Approximately Every Four Years, Or More Precisely, Every 210,000 Blocks.
This halving period — or epoch —.
This Event Occurs Approximately Every Four Years, With Previous Halvings Occurring In 2012, 2016, And 2020.
While it cuts the new bitcoin issuance rate and bitcoin miner rewards in half, its impact on price of bitcoin is still in.