When did the last Bitcoin halving occur?
seal maithDec 26, 2021 · 3 years ago3 answers
Can you tell me when the most recent Bitcoin halving event took place? I'm curious to know the exact date and time.
3 answers
- Dec 26, 2021 · 3 years agoSure! The most recent Bitcoin halving occurred on May 11, 2020. It happened at block height 630,000, reducing the block reward from 12.5 BTC to 6.25 BTC. This event is significant because it happens approximately every four years and has a direct impact on the supply and inflation rate of Bitcoin. The next halving is expected to take place in 2024.
- Dec 26, 2021 · 3 years agoThe last Bitcoin halving occurred on May 11, 2020. It's an important event in the Bitcoin ecosystem as it reduces the rate at which new Bitcoins are created. This halving was the third in Bitcoin's history, and it marked a milestone in the cryptocurrency's journey towards its maximum supply of 21 million coins. The halving events are eagerly anticipated by the Bitcoin community as they have historically led to significant price increases.
- Dec 26, 2021 · 3 years agoAccording to BYDFi, the most recent Bitcoin halving occurred on May 11, 2020. This event is significant because it reduces the rate at which new Bitcoins are generated, ultimately leading to a decrease in the supply of new coins. The halving events are designed to control inflation and ensure the scarcity of Bitcoin over time. The next halving is expected to occur in 2024, further reducing the block reward and increasing the scarcity of Bitcoin.
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