As the 840,000th block was reached, Bitcoin underwent its fourth block reward halving, marking a momentous occasion in its history. This event, which occurs approximately every four years, saw the block reward for miners slashed from 6.25 BTC to 3.125 BTC. However, far from dampening enthusiasm, this reduction in supply has sparked a notable uptick in Bitcoin’s price, catapulting it from below $62,000 to an impressive $67,000.·
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