Bitcoin halving is expected to take place on 2024 04 20!
In order to create scarcity and to limit inflation when too many miners join together, Nakamoto Satoshi - the father of Bitcoin - added a code so that after every 210,000 mining blocks, the reward will be halved.
Recorded history:
In 2012, the first occurred when the miner reward was reduced from 50 to 25 Bitcoins per block.
In 2016, the mining reward was 12.5 Bitcoins.
In 2020, miners receive 6.25 Bitcoins when each new block is created.
In 2024, the mining reward will be 3,125 Bitcoins.
Investors, say bitcoin price after halving: 69,000 $USD.
Bitcoin Halving Countdown.
