Posts Tagged ‘Bitcoin halving’

Today Bitcoin (BTC) is Halving For a Third Time in Its History

11, May 2020

The block reward halving for the crypto currency Bitcoin (BTC) is an event that happens every 4 years and a bit later today we are expecting the third halving to occur. Bitcoin started with a block reward of 50 BTC coins, then after 4 years it has been reduced for 25 BTC, then another four years and it was down to 12.5 BTC (the current block reward). Whether you’re interested in coin lending or earning deposit interest on your cryptocurrency assets, Helio can provide a timely solution to fit most clients unique needs.

Today, in a couple of hours, the block reward will be further cut in half when the halving happens – from 12.5 BTC at the moment down to 6.25 BTC. This will further reduce the mining of new coins in half and will also affect the inflation effectively reducing it along with the block reward. With every halving event there is speculation regarding the price of Bitcoin before and after the halving occurs, so it is hard to predict how it will swing up or down. To start investing, check this guide about how to buy bitcoin online. And if you need professional advice on bitcoin trading, you may want to consult a Crypto Coach.

One thing is certain however – reduced coin emission and inflation should in long term lead to price growth if user interest and adoption of BTC continues to increase over time. Short term there could be fluctuations in the price before and after the halving, and this can be a good opportunity for traders. Crypto savings accounts or Cryptocurrency Yield Optimization could also be a way for you to dramatically increase your rate of return. If you are just a miner you may continue to HODL and see what happens after the halving, or maybe not… it is up to you to decide. It is also interesting to see how will other crypto projects be affected after the BTC halving and if we are up to get started on another altcoin season… or not.

Upcoming Popular Crypto Coins Halvings This Year

14, Apr 2020

Everybody is waiting for the most important Bitcoin (BTC) halving that is happening in a bit less than a month from now, but this is not the only popular crypto coin that is going to have its halving this year (4000 blocks remaining), tough without a doubt the most anticipated one for sure. Bitcoin started at 50 BTC per block, then the first halving after 4 years reduced it to 25 coins, the second halving in another four years further reduced it to 12.5 BTC (the current block reward) and the upcoming next one will reduce he reward in half once more to 6.25 BTC per block. F2Pool has a list of upcoming halvings for this year with interesting information about the coins listed that you might want to check out if interested and below you can find a bit more information about what other popular crypto coins will have their halvings by the end of the year.

In just 12 days the closest upcoming halving or more specifically block reward reduction is for DASH where the current block reward of 1.55 DASH will be reduced to 1.43933 DASH after about 7100 more blocks expected to happen near the end of this month. In 18 days there will be a halving of PascalCoin (PASC) from 50.0 PASC down to 25 PASC per block, then there is Bitcoin Diamond (BCD) halving in about 107 days with block reward dropping from the current 125 BCD to 62.5 BCD. ZelCash (ZEL) will follow next in about 110 days with block reward going down from the current 112.5 ZEL to 56.25 ZEL, then Monacoin (MONA) will also half from 25 MONA to 12.5 MONA in about 139 days. Zcoin (XZC) also has a halving this year in 161 days with block reward going down from 14 XZC to 7 XZC, Callisto (CLO) will half in 182 days, then Zcash (ZEC) halves in 216 days and then in 229 days Horizen (ZEN).

– For more information about F2Pool’s listing of Upcoming Halvings of popular crypto coins…

The Second Bitcoin Block Reward Halving is Upon Us

6, Jul 2016

bitcoinhalvening

The second Bitcoin block reward halving is going to happen in a bit less than 3 days from now with a little over 400 blocks remaining. The amount of Bitcoins rewarded for each block decreases over time, getting halved once every 210000 blocks (approximately every four years). When Bitcoin was created in 2009, the initial block reward was 50 BTC, then in November 2012, it dropped to 25 BTC after the first halving. As a result of the block reward getting reduced once more in a few days finding a new Bitcoin block will start rewarding the miner that found it with just 12.5 BTC instead of 25 BTC like it is still at the moment. Following this development in 4 more years or sometime in 2020 the next Bitcoin block reward halving is expected to take place further reducing the block reward in half to just 6.25 BTC and so on. This will continue until the total limit of 21 million Bictoins are mined, though this will take quite a lot of years. The total number of BTC after the halving of the block reward should be about 15 Million and 750 Thousands out of the 21 Million total and with the continuing reduction of the reward over time the remaining over 5 Million of coins will take years and years and more halvings to be mined (estimated time is around 2140).

– One more useful website dedicated to tracking the Bitcoin block reward halving…


top