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“The current wage inflation rate of Bitcoin is more or less equivalent to that of gold, at 1.8%. But after the halving, it will decline to 0.85% per year, which will act as a timely reminder of ...
The 2024 bitcoin halving on 19 April will see rewards for mining the cryptocurrency drop from 6.25 to 3.125 (Getty Images/iStockphoto)
This year's halving reduced the reward to 3.125 BTC per block, sending Bitcoin's annual inflation rate to less than 1%. This process will continue until 2140, when the last Bitcoins will be mined.
At the time of the halving on April 19 -- when Bitcoin mining rewards were cut in half -- Bitcoin was trading near $64,000. For much of the next month, Bitcoin traded down or sideways, even ...
Bitcoin's “halving" is here. The event will see the supply of newly minted coin cut by 50%—this time it will drop from 6.25 to 3.125—and is expected in the coming hours. Occurring every four ...
A halving may highlight the falling rate of issuance of Bitcoin, drawing more money to the sector as traders anticipate a change in sentiment in the market and expect a run-up in the crypto’s price.
This page was last edited on 19 February 2024, at 09:53 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
As I’m writing, the last halving occurred on May 11, 2020, reducing the mining reward to 6.25 bitcoin. This year’s halving is predicted to happen around April 20, 2024, and will cut the mining ...