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The Ultimate Guide to the 2024 Bitcoin Halving
Original author: EarnBIT
Original translation: Vernacular Blockchain
In April 2024, Bitcoin will undergo another halving, an event that occurs every four years that slashes miner rewards. The evolution of market structure supports the widely expected rise. This halving cycle is fundamentally different than before, and our guide summarizes common price predictions and unique drivers.
1. Bitcoin’s halving cycle
Halving rewards will correspondingly reduce the number of newly mined Bitcoins. This happens after every 210,000 blocks, creating a four-year price cycle. Previous halvings occurred in 2012, 2016 and 2020.
Original translation: Vernacular Blockchain
In April 2024, Bitcoin will undergo another halving, an event that occurs every four years that slashes miner rewards. The evolution of market structure supports the widely expected rise. This halving cycle is fundamentally different than before, and our guide summarizes common price predictions and unique drivers.
1. Bitcoin’s halving cycle
Halving rewards will correspondingly reduce the number of newly mined Bitcoins. This happens after every 210,000 blocks, creating a four-year price cycle. Previous halvings occurred in 2012, 2016 and 2020.
Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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