Explore Bitcoin's Halving Journey With Timeline
Bitcoin halving is a preprogrammed event that occurs roughly every four years, impacting the production of Bitcoin.
The first Bitcoin halving occurred on November 28, 2012, reducing the block reward from 50 BTC to 25 BTC per block.
The second halving took place on July 9, 2016, reducing the block reward from 25 BTC to 12.5 BTC per block.
The Third halving event occurred on May 11, 2020, reducing the block reward from 12.5 BTC to 6.25 BTC per block.
Latest and the fourth halving event happened on April 20,2024, reducing the block reward from 6.25 BTC to 3.125 BTC per block.
The final halving is expected to occur in 2140, when the number of bitcoins circulating will reach the theoretical maximum supply of 21 million.
For More English Blogs Click Here