Bitcoin Halving Countdown Begins

🔥 Countdown to Scarcity

By OKX
Apr 4, 2024, 6:43 PM
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The Bitcoin halving event, which occurs every four years, is approaching in 2024.​ This process cuts the mining rewards for Bitcoin miners in half, making the cryptocurrency scarcer over time.​ Previous halvings in 2012, 2016, and 2020 have historically been followed by new all-time highs in Bitcoin's price.​ The upcoming halving in 2024 will reduce the mining reward to 3.​125 BTC per block, intensifying competition among miners and driving efficiency improvements across the industry.​

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