Cryptocurrency Q&A
How many bitcoins will a miner be able to add to a block around may 2024?
How many bitcoins will a miner be able to add to a block around may 2024?
CryptoAce
Sat Dec 07 2024
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5
answers
1298
I want to know the estimated number of bitcoins that a miner can add to a block in around May 2024.
5 answers
KimonoGlory
Mon Dec 09 2024
The history of Bitcoin halving is a significant event in the cryptocurrency world. It refers to the process where the block reward for mining Bitcoin is halved at a certain interval.
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Stefano
Mon Dec 09 2024
The first Bitcoin halving occurred on November 28, 2012. Prior to this event, miners were rewarded with 50 BTC for each block they mined. After the halving, the block reward was reduced to 25 BTC.
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SakuraPetal
Mon Dec 09 2024
The second Bitcoin halving took place on July 9, 2016. This time, the block reward was halved again, from 25 BTC to 12.5 BTC. This event further decreased the supply of new Bitcoins entering the market.
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Sara
Sun Dec 08 2024
The third Bitcoin halving happened on May 11, 2020. The block reward was reduced from 12.5 BTC to 6.25 BTC. This halving event continued the trend of reducing the new supply of Bitcoins.
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CherryBlossomFall
Sun Dec 08 2024
The fourth Bitcoin halving is scheduled to take place on April 19, 2024. At this point, the block reward will be halved once again, from 6.25 BTC to 3.125 BTC. This will further limit the new supply of Bitcoins and potentially increase their scarcity.
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