At what time did the most recent halving of Bitcoin take place?

3 answers

• In PlayApr 21, 2022 · 3 years ago
  The most recent halving event for Bitcoin took place on May 11, 2020, at approximately 7:23 PM UTC. During a halving event, the block reward for miners is reduced by half, which affects the rate at which new Bitcoins are created. This event is significant as it helps to control the supply of Bitcoin and has historically led to an increase in its price. The next halving event is expected to occur in 2024.
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• Hans LehmannOct 15, 2022 · 3 years ago
  Bitcoin's most recent halving event occurred on May 11, 2020. It was a highly anticipated event in the cryptocurrency community as it has a direct impact on the inflation rate of Bitcoin. The halving events occur approximately every four years and are programmed into the Bitcoin protocol. The purpose of halving is to gradually reduce the supply of new Bitcoins, making it a deflationary asset. This event is often associated with a bullish market sentiment and increased investor interest.
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• Nita McclentonSep 20, 2024 · a year ago
  The most recent halving of Bitcoin happened on May 11, 2020. As a result of the halving, the block reward for miners was reduced from 12.5 Bitcoins to 6.25 Bitcoins. This event is significant because it slows down the rate at which new Bitcoins are created, ultimately leading to a limited supply. The halving events are programmed to occur every 210,000 blocks, which is roughly every four years. The previous halving events in Bitcoin's history have had a positive impact on its price, and many investors and traders closely monitor these events.
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