Bitcoin halving new update 🚀🚀🚀
As of today, Sunday, April 14, 2024, there is no official confirmation that the Bitcoin halving has happened yet.
Here's what we know about the upcoming halving:
Estimated Date: The halving is expected to occur around April 20, 2024. However, the exact date depends on the rate at which new blocks are mined, which can fluctuate slightly.
Block Reward Reduction: When the halving occurs, the block reward for miners will be cut in half, going from 6.25 BTC to 3.125 BTC per block mined.
Potential Impact: The halving is a significant event for Bitcoin, and it could potentially influence the price. Historically, halvings have been followed by price increases, although the timing and extent of these increases can vary.
Here are some resources for staying updated on the Bitcoin halving:
Bitcoin Block Explorers: Websites like Blockchain.com or Mempool can track block production in real-time and provide an estimate of when the halving might occur.
Cryptocurrency News Sites: Major news outlets covering cryptocurrency will likely report on the halving when it happens.
Keep in mind that the impact of the halving on the price of Bitcoin is uncertain. It's important to do your own research and consider all factors before making any investment decisions.