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Bitcoin halving cuts new supply in half, what does it mean?

Invezz Saturday, 20 April 2024 ()
In the early hours of Saturday (GMT), the crypto world witnessed the highly anticipated fourth Bitcoin halving event. This significant occurrence has reduced the new supply of Bitcoin by half, now producing only 3.125 new coins every 10 minutes, down from the previous rate of 6.25. This reduction equates to nearly $30 million worth of […]
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Video Credit: Rumble - Published
News video: The Swan Bitcoin HALVETIME Show!

The Swan Bitcoin HALVETIME Show!

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.

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