By analysing previous cycles, we can gain insights. The next bitcoin halving is expected to occur around april 2024.
The halving is a programmed process in the bitcoin protocol that happens every 210,000 blocks mined, which is roughly every four years. Halvings reduce the rate at which new coins are created and thus lower the available.
On April 2024 The Block Reward Will Be Reduced From 6.25 Bitcoin Per Block To 3.125 Bitcoin Per Block.
The next bitcoin halving is set for ~april 19, 2024, bringing opportunities and uncertainties for the bitcoin community.
What Happens During A Bitcoin Halving Event?
Price as of june 6, 2024, 9:28 p.m.
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The Bitcoin Halving Event Of 2024 Is Significant, As It Will Have An Impact On The Rate At Which New Btc Is Introduced Into The Market.
The event will result in a decrease in rewards from 6.25.
Bitcoin Recently Underwent Its Fourth Halving In April 2024, Sending Its Inflation Rate To Just 0.85%.
The fourth bitcoin halving occurred on friday at a little after 8:09 p.m.