Get the latest updates on the btc halving, which occurs on the bitcoin blockchain every four years, or 210,000. In january 2023, bitcoin hovered around.
With only days to go and btc back over $70,000, the 4th bitcoin halving, scheduled for april 2024 according to coinmarketcap’s countdown ticker, will slash mining rewards from 6.25 btc to 3.125 (roughly 900 to 450 new coins per day) and make producing new btc more expensive than ever. In summary, what do i think the 2024 halving will do to the price of bitcoin?
The Next Bitcoin Halving Is Anticipated To Take Place On April 20, 2024 Est, Reducing The Block Reward From 6.25 To 3.125 Btc.
Follow cointelegraph’s comprehensive coverage of the 2024 bitcoin halving event.
Gain Insights Into Its Significance, Underlying Reasons, And Potential Trading Strategies And Strategies For Miners.
The next bitcoin halving is set for ~april 19, 2024, bringing opportunities and uncertainties for the bitcoin community.
Images References :
The Recent Halving Occurred In April 20, 2024 At The Block Height Of 840,000, Reducing The Bitcoin Block Reward From 6.25 To 3.125 Bitcoin.
What is the bitcoin halving?
The Halving Is A Programmed Process In The Bitcoin Protocol That Happens Every 210,000 Blocks Mined, Which Is Roughly Every Four Years.
The lowest intraday price that the crypto traded in the past year was $24,930.30 on sep.