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'Halving' arrives for bitcoin miners

Energy Daily Monday, 22 April 2024 ()
New York (AFP) April 20, 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. "The 4th #Bitcoin halving is complete!," announced cryptocurrency exchange Binance on X, the former Twitter. "The countdown has been reset - see you in 2028." Bitcoin is created as a reward when comput
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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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