Bitcoin miners will receive a block reward of 12.5 BTC per block mined starting from the next block reward halving event. The event is estimated to occur in May 2020 based on current mining rates. The next block reward halving event is estimated to occur in May 2020, when the block reward will be reduced […]
What Does It Mean When Bitcoin Halves
What does it mean when Bitcoin halves? Bitcoin halves every four years in order to control its supply and prevent inflation. The next halving event is scheduled for July 2020. When Bitcoin halves, the amount of new bitcoin created every day is reduced from 12.5 to 6.25. This means that the overall supply of bitcoin […]
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