Tag: Bitcoin blocks

Bitcoin halvings: an outlook into the past and future projections

Cryptocurrency miners get rewards with a portion of the currency every time they contribute new entries to the Bitcoin blockchain. This is known as the block reward. Bitcoin halvings remain an integral component of the protocol. They cut the block reward by half every 210,000 blocks. Due to the dynamic character of the Bitcoin blockchain, it is difficult to predict when future halvings will occur precisely.

Bitcoin’s Milestone: Reaching 800,000 blocks with the countdown to the next halving

Next year will mark the fourth occurrence of such a Bitcoin halving event in history The functioning of the Bitcoin network heavily relies...