Bitcoin’s next halving now just two weeks away | Headlines | News | CoinMarketCap

04/06/2024 20:17
Bitcoin’s next halving now just two weeks away | Headlines | News | CoinMarketCap

Bitcoin’s next halving event is now just two weeks or approximately 2,000 blocks away, according to The Block’s Bitcoin Halving Countdown page.  …

Bitcoin’s next halving event is now just two weeks or approximately 2,000 blocks away, according to The Block’s Bitcoin Halving Countdown page. 

The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 at around 1 p.m. ET, as things stand. Bitcoin’s next halving event will see the reward for miners on the network drop from 6.25 BTC to 3.125 BTC per block. 

Bitcoin halvings are programmed to occur automatically every 210,000 blocks — roughly every four years. Once a halving event occurs, miners receive 50% fewer bitcoins as a reward for every block of transactions they mine and add to the blockchain. However, they continue to earn additional transaction fees for each block mined as usual.

There have been …

Read more --->