Bitcoin Nears Halving Event, Less Than 100 Blocks Remaining
The Bitcoin halving is expected to occur around 8 p.m. ET on April 20 (approximately midnight UTC), as each Bitcoin block takes around 10 minutes to be mined. When the Bitcoin network generates its 840,000th block, the reward for mining a new block will decrease from 6.25 Bitcoins to 3.125 Bitcoins. The Mechanics and History … Read more