Bitcoin Halving Is Approaching: Less Than 100 Days Left

There are less than 100 days left until the halving event in Bitcoin, which both investors and miners are waiting for.

According to CoinGecko data, Bitcoin’s next halving is approximately 14 thousand 390 blocks or 99 days later It will happen.

After this update, block rewards will be cut in half. From 6.25 to 3.125 BTC will be dropped.

Predictions about when the halving will occur are based on average data on the Bitcoin blockchain. 10 minutes It is determined according to the block excavation time. According to current estimates, this It falls on April 22 Waiting.

There have been three halvings in the Bitcoin network throughout history. Block rewards decreased from 50 to 25 BTC in 2012, to 12.5 BTC in 2016, and to 6.25 BTC in 2020.

Halving updates, probably Until the last Bitcoin is produced in 2140 to be continued. Bitcoin’s maximum supply, Limited to 21 million.

Today, miners who earn income from both block rewards and transaction fees have been only transaction fees will make money.

Bitcoin has been in the periods following every halving event in the past. to the bull market had entered. But between halving and bull markets a direct cause and effect It cannot be said that there is a relationship.

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