Friday, January 12, 2024

Today's Top #1: Bitcoin's next halving could be just 100 days away

tldr; Bitcoin's next halving event is estimated to be just 100 days away, potentially occurring on April 22. During the halving, miner rewards for adding new blocks to the blockchain will be cut in half from 6.25 to 3.125 BTC. Halvings are scheduled to happen every 210,000 blocks, roughly every four years, to reduce the rate of new bitcoins entering the market. This will continue until the maximum supply of 21 million bitcoins is reached around the year 2140. Historically, halvings have led to price fluctuations and are watched closely by investors.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

https://www.reddit.com/r/CryptoCurrency/comments/194zcp6/bitcoins_next_halving_could_be_just_100_days_away/


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