Bitcoin Is Halfway To The Next Halving
The Bitcoin protocol was exactly in-between the past halving and the next as block number 735,000 was mined on Thursday.Bitcoin is now in-between the prior halving and the next, blockchain data showed Thursday morning.The phenomenon happened exactly on block number 735,000 on the Bitcoin blockchain, which was mined at around 6:30 a.m. ET on May 5, 2022. It was the 105,000th block to be mined after the last halving, which occurred in May 2020 on block number 630,000. The next halving is set to happen on block 840,000.The Bitcoin protocol decreases the reward it gives to miners by 50% every....
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The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving. Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving. In Block number 735,000, mined at approximately 10:29 UTC, Bitcoin crossed the halfway point to the next halving. The block was mined by Poolin, earning 0.16215354 BTC ($6,402.45) in fees. Halvings occur every 210,00 blocks, and May 5 marks the cross-over point into the second leg of 105,000 blocks. For some Bitcoiners, such as....
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million bitcoin and the hashrate reaching an all-time high three days ago on May 2. Block 735,000: Halfway to the Next Halving The Bitcoin network is getting closer to the next halving which is estimated to happen on or around April 27, 2024, or 723 days from now. At block height....
Bitcoin halvings are important events that have taken place since the digital asset was first launched in 2009. Since then, there have been a total of three halvings that have seen block reward cut down by half each time. The next bitcoin halving will happen in 2024 which means that the market is halfway there. As this fourth halving draws close, we take a look at how this affects the supply of BTC and in turn, the value of the cryptocurrency. Fourth Halving Coming Up The bitcoin halving is scheduled to happen every 210,000 blocks and the estimate for the next halving is put at May 4th,....
The Bitgesell halving just took place yesterday, March 28th, and will focus on putting a deflationary economic model in place just like Bitcoin did after its halving. Here’s everything you need to know about the Bitgesell halving, the coin itself, and what lies ahead post-halving. What To Expect Now That The Bitgesell Halving Has Happened Bitgesell, a young but novel blockchain project founded by Emma Wu, relies on a spinoff of the original Bitcoin codebase, […]
Bitcoin is now 86% through on the path toward the next halving. Here’s what the last two cycles looked like at the same mark in their lifespans. Bitcoin Progress Towards Next Halving Has Now Hit 86% In a post on X, the BTC cycle analyst Root posted an update on the halving progress of the […]