When is next Bitcoin(BTC) Halving
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Bitcoin (BTC) DiscussionsBitcoin (BTC) Halving
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Bitcoin (BTC) DiscussionsGeneral Bitcoin (BTC) DiscussionsBitcoin halving is a process that occurs approximately every four years when the reward for mining new blocks is cut in half. This is programmed into the Bitcoin protocol to limit the total supply of bitcoins to 21 million, creating scarcity over time. The most recent halving events took place in 2012, 2016, and 2020. The next halving is scheduled for 2024. Many believe that Bitcoin halving can trigger a bull run in the cryptocurrency market. The reduction in the rate at which new bitcoins...
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Bitcoin (BTC) DiscussionsGeneral Bitcoin (BTC) DiscussionsBitcoin halving is a crucial event in the cryptocurrency world that occurs approximately every four years, or after every 210,000 blocks are mined. The term "halving" refers to the reduction of the reward that miners receive for validating and adding new transactions to the blockchain. In simpler terms, the amount of new bitcoins created and earned by miners is halved. Initially set at 50 bitcoins per block, the reward decreases to 25, then 12.5, and so on. This reduction is integral to the...
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Other Crypto StuffCrypto News and UpdatesThe Bitcoin halving event is one of the most anticipated milestones in the cryptocurrency world. As we approach the Bitcoin halving in 2024, understanding its significance and implications is essential for investors, miners, and crypto enthusiasts alike. In this guide, we’ll delve into what is Bitcoin halving , its historical impact, and what to expect in 2024. What is Bitcoin Halving? Bitcoin halving is an event programmed into Bitcoin’s protocol, occurring approximately every four years or...