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Bitcoin, celebrates its 11th halving anniversary today. Back in the day, a decade ago, it traded at a mere $12. Today, it’s worth a staggering $37,000.
The 2020 halving saw the most dramatic run-up in Bitcoin’s value following the event. Bitcoin sat at $8,628 on May 10, 2020 when the halving occurred, and by the end of the year, BTC hit $28,888 ...
At the start of 2024, Bitcoin miners received 6.25 bitcoins for correctly solving a problem and adding a block to the blockchain. Following the halving in April 2024, they earn just 3.125 coins.
The 2024 bitcoin halving on 19 April will see rewards for mining the cryptocurrency drop from 6.25 to 3.125 (Getty Images/iStockphoto) In January, the US Securities and Exchange Commission (SEC ...
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.
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.
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.
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