Cryptocurrency Q&A When did bitcoin halving last?

When did bitcoin halving last?

HanbokGlamourQueen HanbokGlamourQueen Mon Jul 08 2024 | 9 answers 2247
As a keen observer of the cryptocurrency market, I'm curious to know: When did the most recent Bitcoin halving occur? This event, which reduces the reward for mining Bitcoin transactions by half, is a significant milestone in the cryptocurrency's lifecycle. Understanding its timeline can provide valuable insights into the Bitcoin ecosystem's dynamics and potential future trends. Can you elaborate on the specific date and any notable market reactions that followed the halving? When did bitcoin halving last?

9 answers

Chiara Chiara Wed Jul 10 2024
The halving event reduces the miner reward by half after every 210,000 blocks are mined.

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Riccardo Riccardo Wed Jul 10 2024
So far, there have been three such halvings, with the most recent one occurring in May 2020.

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Lucia Lucia Wed Jul 10 2024
After each halving, the mining reward is reduced to half of its previous value.

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Nicola Nicola Wed Jul 10 2024
The initial mining of Bitcoin blocks rewarded miners with 50 coins per block.

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GinsengBoostPowerBoostVitality GinsengBoostPowerBoostVitality Wed Jul 10 2024
Currently, the reward stands at 6.25 coins per block.

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