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'Halving' arrives for bitcoin miners

IndiaTimes Saturday, 20 April 2024 ()
The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money. However, since the digital currency's launch in 2009, the reward has been halved for every 210,000 blocks in a process called halving.
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News video: Bitcoin Price Upper Limit Set at $4.5 Million THIS Halving Cycle

Bitcoin Price Upper Limit Set at $4.5 Million THIS Halving Cycle

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 fourth halving cycle at an astounding $4.5 million per BTC.

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