I'm wondering about the duration of the Bitcoin halving process. How long does it actually take for the halving to occur? I'm curious about the timeframe and if it's a gradual process or a sudden event.
On April 19, 2024, Bitcoin underwent its latest halving event. This event had a direct impact on the block reward, which was reduced to 3.125 BTC.
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HanRiverVisionaryFri Dec 20 2024
The halving mechanism is designed to ensure that the total supply of Bitcoin remains finite and does not exceed a predetermined limit.
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CarolinaFri Dec 20 2024
It is estimated that the final halving will occur in the year 2140. By this time, the total number of bitcoins in circulation will have reached its maximum supply of 21 million.
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NicolaFri Dec 20 2024
Halvings are a crucial mechanism in the cryptocurrency world that significantly impacts the creation rate of new coins.
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MicheleFri Dec 20 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of cryptocurrency traders and investors. These services include spot trading, futures trading, and a secure wallet for storing digital assets.