The fourth Bitcoin halving has successfully completed, reducing the block reward from 6.25 BTC to 3.125 BTC. The event, which occurs approximately every four years, is designed to control Bitcoin’s inflation rate and extend the mining schedule. Miners have responded by upgrading to more efficient hardware, with the network’s hash rate reaching new all-time highs despite reduced rewards. Historical analysis suggests that previous halvings have preceded major bull markets, though the timeline varies. The daily issuance of new Bitcoin has now dropped to approximately 450 BTC, further constraining supply at a time when institutional demand is accelerating through ETFs.
Bitcoin Halving Event Cuts Miner Rewards to 3.125 BTC
The Weal Editorial
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