Bitcoin's mining reward halved to 3.125 BTC per block, marking the fourth halving since 2009.
The Bitcoin market has completed its "halving" process, reducing the mining reward for validating transactions to 3.125 bitcoins per mined block from 6.25 bitcoins. The event, which occurs approximately every four years, aims to limit Bitcoin production and boost the digital currency's value. This marks the fourth halving since Bitcoin's inception in 2009.
April 20, 2024
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