Why does the crypto community discuss Bitcoin halving about every four years?
In April 2024, Bitcoin underwent its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC.
When discussing halvings, remember to distinguish between “fewer new coins being issued” and “how the price will move”—they’re not the same thing.
$BTC ’s new coin issuance is hard-coded into the consensus rules, and no organization can arbitrarily increase it.
Have you run into any pitfalls related to this? Share your experiences to help others avoid them.
#BTC
In April 2024, Bitcoin underwent its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC.
When discussing halvings, remember to distinguish between “fewer new coins being issued” and “how the price will move”—they’re not the same thing.
$BTC ’s new coin issuance is hard-coded into the consensus rules, and no organization can arbitrarily increase it.
Have you run into any pitfalls related to this? Share your experiences to help others avoid them.
#BTC