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Featured Article - 30/04/2024
Bitcoin’s Halving 2024 Is Over – What Does It Mean?
The Bitcoin blockchain protocol has been designed to automatically halve the rewards of its miners once 210,000 Bitcoins have been minted. This occurs every four years. This time around, the reward was halved to 3.25 Bitcoins per mined block. As the miners on average mine 144 blocks per day, the daily supply of new Bitcoins was cut in half to roughly 450 coins.
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