Bitcoin's next 'halving' is right around the corner. Here's what you need to know
Friday, 19 April 2024 () Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in half. That could have a lot of implications, from the price of the asset to the day-to-day operations of bitcoin miners themselves. And, as with everything in the cryptoverse, the future is hard to predict. Beyond its infamous volatility, bitcoin is still a relatively young asset. This next halving will be only the fourth to take place since the digital currency’s 2009 launch.
Block 840,000 is quickly approaching! For the hardened bitcoiners know this is the Halving (4th Halving to be exact) and for the new comers to bitcoin this is when the bitcoin subsidy rewarded to bitcoin miners is cut in half from 6.25 bitcoin in this epoch to 3.125 bitcoin in the next epoch.
As the 4th Bitcoin Halving concluded, experts have offered bold predictions for BTC’s future. Ecoinometrics, a leading crypto insights provider, has set the upper bound for the Bitcoin price in the..
In this video, we delve into the recent Bitcoin halving event, analyzing its impact on the crypto market and discussing what may lie ahead. Our insights are backed by news updates and expert analysis..
Friday, 19 April 2024 ()
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