- The next halving of the first cryptocurrency will probably take place in April 2024.
- Before this event, miners have less than 10,000 blocks left to process.
- After the halving, the reward for the mined block will be reduced to 3,125 BTC.
The upcoming halving on the Bitcoin network will likely take place on April 21, 2024, according to the BitcoinBlockHalf portal. There are less than 10,000 blocks left to process before this event.
You can find out more about what Bitcoin halving is in our material:
At the time of writing, miners have 9889 blocks left to process. Thus, there are a little more than two months left until the next halving – 68 days. After this, the reward for the mined Bitcoin block will be reduced from 6.25 BTC to 3.125 BTC.
Halving occurs approximately every four years. At the same time, its date is influenced by several factors, including the activity of Bitcoin miners.
Bernstein analysts predicted an increase in shares of Bitcoin mining companies ahead of the halving. In their opinion, the two Bitcoin miners deserve special attention compared to other enterprises. We are talking about Riot Platforms and CleanSpark.
It is also worth recalling that in February 2024, the difficulty of Bitcoin mining reached a new historical maximum. Since the last date of change, the indicator has increased by 7.33% and reached 75.50 T.
Let us recall that we wrote that the US leadership was accused of trying to liquidate the bitcoin rally industry in the country.