($BTC halving information)
The next $BTC halving is expected to occur on April 19, 2024, when the block height reaches 840,000. This event will see the block reward drop from 6.25 BTC per block to 3.125 BTC.
$BTC halvings are significant events that reduce miners' rewards and the supply of new bitcoins. Historically, each halving has preceded significant price surges for Bitcoin, as the reduced supply has often led to higher prices due to steady demand. The upcoming halving is expected to follow this trend, with some analysts predicting a major parabolic uptrend after the event.
The halving process is designed to continue every 210,000 blocks until around 2140, when all 21 million bitcoins will have been mined. This controlled supply mechanism is a fundamental aspect of Bitcoin's economic model and is closely monitored by the cryptocurrency community.
