Long

Dollars

Bitcoin

Million

Time

There are only three days left until Bitcoin's halving event, which the entire cryptocurrency market is eagerly awaiting.
Thanks to this event, which takes place every four years, the amount of BTC given to Bitcoin miners as a reward per block will be reduced by half, and thus the supply of newly released BTC to the market will also be halved.
The halving in Bitcoin is expected to take place on April 20, 2024 at 01:04, Turkey time (UTC+3) at the time of writing this article. However, the time when the halving will occur is updated after each block production in BTC, so minor changes may occur. Halving, BTC network 840,000. will happen after removing the block.
The halving will be observed around 6 pm US Eastern Time (ET).
Related News: <a href="https://en.bitcoinsistemi.com/relentless-whale-withdraws-another-7-million-dollars-from-this-altcoin-despite-being-at-a-huge-loss-here-are-the-whales-movements/" target="_blank" rel="noopener noreferrer nofollow">Relentless Whale Withdraws Another 7 Million Dollars From This Altcoin Despite Being at a Huge Loss - Here are the Whale's Movements</a>
Starting from the halving, the block reward amount will be reduced to 3,125 BTC, which has been 6.25 BTC for the last four years.
The next halving is expected to take place on April 10, 2028, and the block rewards will be reduced to 1.5625 BTC this time.
BTC block rewards are expected to end in 2140. From this date, BTC miners will continue to receive a share of BTC transfer fees only.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/big-day-is-near-how-long-until-bitcoin-halving-what-time-will-it-happen-here-is-the-latest-information/" rel="noopener noreferrer nofollow">Big Day is Near: How Long Until Bitcoin Halving? What Time Will It Happen? Here is the Latest Information</a>

Big Day is Near: How Long Until Bitcoin Halving? What Time Will It Happen? Here is the Latest Information

Bitcoin Sistemi EN

Other articles published on Apr 16, 2024

FTX and CFTC: Senators Want Communication Details

New Crypto Listing To Watch - Dogecoin20 (DOGE) Claim and DEX Launch Set For April 18th

Bitcoin ETFs, 2024 halving, and beyond – All about BTC’s future

SingularityNET (AGIX) Holders Endorses ASI Alliance

Bitcoin Price Prediction: As 10X Research Sells ”Everything” On Imminent Correction Risk, This BT...

Fezoo’s Exchange Presale Sees Avalanche & XRP Backers Aiming for 30X ROI Predicting 40X Growth Po...

Join our free newsletter for daily crypto updates!