Bitcoin Halving Countdown 2024
https://beendly.com/bitcoin-ha....lving-countdown-2024
Bitcoin halving is an automatic process that happens every four years on every 210,000 blocks. Once a bitcoin is halved, miners complete a block and are charged 50 per cent for putting it on the blockchain. Miners who work also continue to earn their profits in terms of average transactions. Now, let’s try to examine when and why Bitcoin’s halving process started, how this process affects Bitcoin prices, and what effect Bitcoin halving has on its price or value. Historically, Bitcoin has had three halvings since its creation. The first halving was in 2012 when its block showed inflation reduced from 50 BTC to 25 BTC. It then automatically dropped to 12.5 BTC according to series 2016 and 6.25 BTC at the last halving in May 2020. The next drop may be from 6.25 BTC to 3.125 BTC on every block.
