0 Days Left Until the Bitcoin Halving
The Bitcoin halving is a scheduled event that occurs every 210,000 blocks, or approximately every four years.
During the halving, the block reward for mining a block of Bitcoin is reduced by half. This means that the number of new Bitcoins created each day is also reduced by half. The next Bitcoin halving is expected to occur in mid-April 2024.
How Will the Halving Affect Bitcoin's Price?
The halving has a significant impact on Bitcoin's price. In the past, the halving has led to a bull market in Bitcoin, as the reduced supply of new coins has increased demand. However, the halving can also lead to a temporary decrease in Bitcoin's price, as miners who have been mining blocks at a loss may decide to sell their coins rather than continue mining.
Ultimately, the effect of the halving on Bitcoin's price will depend on a number of factors, including the overall market conditions and the demand for Bitcoin. However, the halving is a major event that is likely to have a significant impact on Bitcoin's price.
Bitcoin Halving Countdown
You can track the live countdown to the next Bitcoin halving using our Bitcoin halving countdown tool. The tool will show you the estimated date of the next halving, as well as the number of blocks that remain until the halving occurs.
Bitcoin Halving Cycle
The Bitcoin halving cycle is a predictable pattern that has occurred since Bitcoin was created in 2009. The halving has occurred three times so far, in 2012, 2016, and 2020. The next halving is expected to occur in mid-April 2024.
Block Reward Schedule
The block reward for mining a block of Bitcoin is reduced by half every 210,000 blocks. The following table shows the block reward schedule for the first six halvings:
| Halving | Block Reward | |---|---| | 1 | 50 BTC | | 2 | 25 BTC | | 3 | 12.5 BTC | | 4 | 6.25 BTC | | 5 | 3.125 BTC | | 6 | 1.5625 BTC |
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