Bitcoin’s periodic halvings are its most anticipated yet disruptive events, heralding disinflation, miner upheaval, a plunge in the network’s hash rate, and expectations of rip-roaring gains in the months ahead. Bitcoin’s Fourth Halving Event Bitcoin undergoes a halving roughly every four years when the reward for mining a block is cut in half. This time around, the halving was scheduled to occur at block number 840,000. As is evident from the above snippet, the halving-inducing block has now been mined. This means that the reward for mining a block on the Bitcoin blockchain has now been cut in half to […]
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