WHAT IS BITCOIN HALVING??

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WHAT IS THE DATE OF BITCOIN HALVING??

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WHAT WAS THE LAST DATE OF BITCOIN HALVING??

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The next $BTC halving is set to occur on April 25, 2024, around 03:11:06 AM UTC. During this event, the reward for mining a Bitcoin block will be reduced from 6.25 BTC to 3.125 BTC.

To put it simply, Bitcoin halving is a predetermined event in the Bitcoin network that occurs approximately every four years, where the reward for miners gets cut in half. This process is designed to control the supply of Bitcoin and happens every 210,000 blocks.

The last Bitcoin halving took place on May 11, 2020, when the reward went from 12.5 BTC to 6.25 #BTC .

During a halving, mining becomes less profitable for some, leading some miners to either switch to more profitable cryptocurrencies or temporarily shut down their mining operations. This event has significant implications for the Bitcoin ecosystem.

Keep in mind that the exact date may vary slightly depending on the speed of block creation, but it's a crucial event for #bitcoin enthusiasts and miners.