Could you elaborate on the significance of the Bitcoin block halving and provide an estimate of when the next one is expected to occur? The block halving is a crucial event in the Bitcoin ecosystem as it reduces the number of new bitcoins rewarded to miners for discovering a block. This mechanism ensures the scarcity of Bitcoin and its potential for appreciation over time. Given its importance, understanding its significance and timing is crucial for investors and enthusiasts alike.
7 answers
EchoChaser
Tue Jun 25 2024
Introduction to Bitcoin Halving
KpopStarletShineBrightness
Mon Jun 24 2024
Last and Next Bitcoin Halving
ZenBalanced
Mon Jun 24 2024
BTCC Services Introduction
Martino
Mon Jun 24 2024
Prior to that, the block reward was 12.5 bitcoins per block. Post-halving, the reward was reduced to 6.25 bitcoins per block. The next expected halving is scheduled for April 2024, which will further reduce the block reward to 3.125 bitcoins per block.
LitecoinLodestar
Mon Jun 24 2024
Long-Term Prospects