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However, historical evidence suggests that halving events do not cause this reaction. When the first halving occurred in 2012, Bitcoin’s hash rate dropped from December 2012 to mid-February 2013.
The next halving event is anticipated for April 2024 and will reduce the block reward to 3.125 bitcoin. Halvings occur every 210,000 blocks, or approximately every four years.
The bitcoin halving, which occurs once every four years and is expected to take place this week, will reduce rewards for miners and some investors think it will push prices higher By Matthew Sparkes ...
The next bitcoin halving is expected to occur around April 20, 2024. After this, the amount of bitcoin created with each new block will fall to 3.125 from 6.25, and daily issuance will fall to ...
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