When Is The Bitcoin Halving 2024. Huge demand stemming from spot bitcoin etfs is about to converge with the supply shock. Despite miner revenue challenges in the short term, fundamental onchain activity and positive market structure updates make this halving different on a fundamental level.
Instead of occurring at an exact time in the future, the next bitcoin halving will occur when the number of total blocks on bitcoin’s blockchain reaches 840,000. While the date from our bitcoin halving countdown currently states april 22, 2024, this only estimates the timing.
This Event Will Decrease The Reward For Mining A New Block On The Bitcoin Network From The Current 6.25 Btc To 3.125 Btc.
There is no set date, but it is expected to take place in late april.
The 2024 Halving Will Likely Occur In April 2024.
With the month of march drawing closer to an end, the countdown has begun for the most anticipated event in the crypto industry:
Despite Miner Revenue Challenges In The Short Term, Fundamental Onchain Activity And Positive Market Structure Updates Make This Halving Different On A Fundamental Level.
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21 April 2024, 19:24 Utc.
Use our bitcoin halving countdown to see the estimated date for 2024.
Learn About The Bitcoin Halving Cycle, The Previous Dates, And The Block Reward Schedule.
Written by radhika parashar, edited by siddharth suvarna | updated:
As Enthusiasts Continue To Count The Days For The.