📣 And 11 years ago yesterday, the first Bitcoin halving took place ✔️
📅 On November 28, 2012 - 3 years and 10 months after the first Bitcoin block was mined - the first halving event took place.
At the time, Bitcoin was trading approximately 12,308,200% below its current price of #Bitcoin .
💸 ▫️Before the first halving occurred, the mining reward was 50 Bitcoins per block.
💸 ▫️After the first halving event in 2012, the mining reward was reduced to 25 BTC, and then after the second halving in 2016, it was reduced to 12.5 BTC.
💸 ▫️Bitcoin's last halving took place in 2020 and the mining reward was reduced from 12.5 BTC to 6.25 BTC.
💥 Bitcoin's fourth halving is now expected to occur on April 17, 2024.
