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đ 11 years ago yesterday, the first Bitcoin halving occurredđ
â»ïž On November 28, 2012 - 3 years and 10 months after the first block of Bitcoin was mined - the first ever halving event occurred. At that time, Bitcoin was trading at approximately $12, 308,200% below the current Bitcoin price.
â«ïžBefore the first halving occurred, the mining reward was 50 Bitcoin per block.
â«ïžAfter the first halving event in 2012, the mining reward was reduced to 25 BTC, followed by the second halving in 2016, to 12.5 BTC.
â«ïžBitcoin's last halving occurred in 2020, and the mining reward was reduced from 12.5 BTC to 6.25 BTC.
âŹïž Bitcoin's fourth halving is now expected to occur on April 17, 2024.
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