Tag: bitcoins awarded mining block

When Is Bitcoin Next Halving

The next bitcoin halving is scheduled to happen in May 2020. This event happens every four years and reduces the number of new bitcoins created each day by half. The first bitcoin halving occurred on November 28, 2012, when the reward for mining a block was reduced from 50 bitcoins to 25 bitcoins. The next […]

When Are The Bitcoin Halvings

Bitcoin halvings are events that take place every four years, where the rewards for mining new bitcoin are halved. The next bitcoin halving is scheduled to take place on or around May 2020. Miners are rewarded with bitcoin for verifying and committing transactions to the blockchain. The number of bitcoin rewarded for this is halved […]