To comment on the 2024 Halving, follow the video with investment advisor Lucas Panisset
Bitcoin Halving, which means “halving” in English, is an event that occurs every 210,000 blocks mined (approximately every 4 years) and halves the reward that miners receive for validating transactions and adding new blocks to the blockchain.
This has a significant effect on the supply of this cryptocurrency, making it more scarce and potentially increasing its value and liquidity in the market. Since its launch in 2009, Bitcoin has gone through three halvings, the latest of which occurred in May 2020.
This is to control Bitcoin inflation and ensure that the total supply is limited to 21 million units.
The next Halving is expected to take place in April 2024. The block reward will drop from 6.25 BTC to 3.125 BTC.
To comment on Halving 2024, follow the video with Lucas Panisset, investment advisor at Main transfer.
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Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.
