On April 20, the fourth halving took place on the Bitcoin network at an altitude of #840,000. The reward for a found block has been reduced from 6.25 BTC to 3.125 BTC.
🎉 Block #840000, the #BitcoinHalving block, was successfully mined by ViaBTC!
🚀 Thrilled to celebrate this milestone with our dedicated miners.
🌌 Let's keep pushing forward on this incredible journey!
🌙BTC to the moon!!!#BTCHalving #ViaBTC #ViaBTCHalving pic.twitter.com/thKF0AEC7c
— ViaBTC (@ViaBTC) April 20, 2024
The block was mined by the ViaBTC pool.
Halving is a halving of the reward to miners for adding a new block to the blockchain. Satoshi Nakamoto programmed an event in the Bitcoin network every 210,000 blocks, that is, once every four years – until the moment when the emission of cryptocurrency ends with the extraction of 21 million coins (presumably in 2140).
The difficulty of mining the first cryptocurrency was 86.39 T.
The price of Bitcoin, which fell to $60,000 on the morning of April 19, did not show significant dynamics. At the time of writing, digital gold is trading at $64,049.
Economist and author of the cult book “The Bitcoin Standard” Seyfedin Ammous congratulated the crypto community on the halving.
Source: Cryptocurrency
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