This week, the Bitcoin (BTC-USD) halving event will be a major focus in the cryptocurrency world. This event is significantly different from public equity “stock splits” and merits an explanation. The exact timing of the halving is variable and depends on the network’s hash rate. Halving events occur every time 210,000 blocks on the Bitcoin blockchain have been mined, which typically happens approximately every four years. This week, the halving will take place when the 840,000th block is mined.
Bitcoin Gets Halved
Bitcoin Gets Halved
Bitcoin Gets Halved
This week, the Bitcoin (BTC-USD) halving event will be a major focus in the cryptocurrency world. This event is significantly different from public equity “stock splits” and merits an explanation. The exact timing of the halving is variable and depends on the network’s hash rate. Halving events occur every time 210,000 blocks on the Bitcoin blockchain have been mined, which typically happens approximately every four years. This week, the halving will take place when the 840,000th block is mined.