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Last halving bitcoin

Last halving bitcoin

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PARAGRAPHOne of the most pivotal events on Bitcoin's blockchain is a halving, when the reward for mining is cut in.

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The Bitcoin Halving Lie
Bitcoin last halved on May 11, , resulting in a block reward of BTC. The final halving is expected to occur in about when the number of. The previous Bitcoin halving dates were November 28, , July 9, , and May 11, This means there have been three halvings, at the moment of this. As per Bitcoin halving dates history, the last three halvings occurred in , and The first Bitcoin halving, or Bitcoin split, occurred in

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Scarcity and Supply : Reducing the rate at which new Bitcoinsare circulated controls inflation and ensures that the total supply of Bitcoin gradually approaches its 21 million coin limit. The halving event is significant because it marks another drop in the rate of new Bitcoins produced as it approaches its finite supply. As of Nov.