When was the last bitcoin halving event?
Rahul JindalFeb 22, 2021 · 4 years ago3 answers
Can you tell me when the most recent bitcoin halving event occurred? I'm curious to know the exact date and time.
3 answers
- faiz-gearOct 26, 2023 · 2 years agoThe last bitcoin halving event took place on May 11, 2020. It happened at block height 630,000, and the exact time was 19:23 UTC. This event reduced the block reward from 12.5 BTC to 6.25 BTC, cutting the rate at which new bitcoins are created in half. It is an important event in the bitcoin network that occurs approximately every four years to control the inflation of the cryptocurrency.
- Jacques ShebeheOct 07, 2022 · 3 years agoAh, the last bitcoin halving event! It was quite a momentous occasion for the crypto community. It happened on May 11, 2020, and it was like a countdown to a big party. When the clock struck 19:23 UTC, the block reward was cut in half, and the miners' excitement was palpable. It's fascinating how this event affects the supply and demand dynamics of bitcoin, and it's definitely something to keep an eye on if you're into cryptocurrencies.
- KhampheeraphopNov 21, 2022 · 3 years agoThe last bitcoin halving event occurred on May 11, 2020. This event is a crucial part of bitcoin's monetary policy and is designed to control the issuance of new bitcoins. It's interesting to note that the halving events have historically been followed by significant price increases in bitcoin. So, if you're wondering when the next halving event will happen, you'll have to wait until around 2024. Until then, let's enjoy the current supply and demand dynamics of bitcoin!
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