Bitcoin halving countdown: April 19, 2024

Bitcoin halving completed: April 19, 2024


Bitcoin Halving for Beginners and Seasoned Investors

Halving is an event in the process of mining Bitcoin. The reward for mining is cut in half after around 210,000 blocks are mined. This usually takes four years. Halving keeps the number of coins in circulation from increasing too quickly.

Whether you're new to the crypto space, or looking to expand your knowledge, start with reading through our related articles about the bitcoin halving:

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Why The “Halving” Will Send Bitcoin Over $100k

It’s happened 3 times already... each time an event called the “halving” occurs, it’s followed by a massive uptick in price. And if history is any guide, the next halving will likely push Bitcoin well over $100k.

So what is the “halving?” It’s a price mechanism that’s hard-wired into the original code of Bitcoin, and it was put there to cut inflation and double the value. It’s a genius idea (if only the dollar had something like this!) and it’s part of why Bitcoin is such an ideal investment. The next one is just days away. Find out why the “halving” will turn the next round of Bitcoin investors into millionaires (just as it has before).

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Frequently Asked Questions

When was the bitcoin halving?

The last halving occurred April 19, 2024.

What happens after the halving to bitcoin?

The reward for mining bitcoin is reduced by 50%, that means new bitcoins have been reduced by half, but the price is still dependent on a number of other variables.

What does the bitcoin halving mean?

The halving is a pre-programmed event and is in bitcoin's actual protocol designed to control the supply and create a deflation effect.