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What is bitcoin halving 2024?

In the most recent April 19, 2024 halving, the reward dropped from 6.25 to 3.125 BTC per block. In the 2028 halving, the reward will drop from 3.125 BTC per block to 1.5625 BTC. What is the Significance of the Bitcoin Block Halving? The halving decreases the amount of new bitcoins generated per block.

Will bitcoin halve in 2028?

For instance, in May 2020, the block reward dropped from 12.5 to 6.25 BTC, marking the third halving in Bitcoin's history. The fourth halving in 2024 saw block rewards drop to 3.125 BTC. The 2028 halving will see them reduced even further, to 1.5625 BTC.

When does bitcoin halving start?

Around April 16-17, 2024, the block reward will be reduced from 6.25 Bitcoin per block to 3.125 Bitcoin per block. What is the Bitcoin halving? Every four years, on the halving day, the amount of new Bitcoins created gets cut in half.

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