$BTC The Bitcoin halving event is scheduled to occur approximately every four years, with the next one scheduled around April 20, 2024¹²³. The exact date may vary slightly due to the pace of block mining. This will be the fourth halving in Bitcoin history, following the events of 2012, 2016 and 2020.
Halving is a mechanism intrinsic to the Bitcoin protocol that halves the rewards for mining each block, going from 6.25 BTC to 3,125 BTC¹. This process is designed to control inflation and keep Bitcoin scarce, ensuring that its supply is finite, with a maximum of 21 million bitcoins¹.
Historically, halvings have generated buzz and had an impact on the price of Bitcoin, as the reduction in the rate of new bitcoins produced tends to increase their value due to the law of supply and demand¹. However, it is important to remember that the cryptocurrency market is very volatile and other factors can also influence the price.
Origin: Conversation with Bing, 4/2/2024
(1) What do we know about Bitcoin Halving 2024 and how it can affect... - Xataka. https://www.xataka.com/criptomonedas/que-sabemos-bitcoin-halving-2024-como- may-afectar-este-esperado-evento-al-precio-bitcoin.
(2) Bitcoin halving date: what happens to your Bitcoin after.... https://academy.binance.com/en/articles/bitcoin-halving-date-what-happens-to-your-bitcoin -after-the-halving.
(3) What is Bitcoin halving? | Coinbase. https://www.coinbase.com/es-LA/learn/crypto-basics/what-is-a-bitcoin-halving.
(4) Bitcoin Halving: what is it and when will it happen? | Ledger. https://www.ledger.com/es/academy/temas/crypto/bitcoin-halving.
