The fourth Bitcoin halving event has successfully concluded, marking a significant milestone in the cryptocurrency's lifecycle. As of this event, the reward for mining Bitcoin has been halved from 6.25 BTC to 3.125 BTC per block. This change occurred as the 840,000th block was mined. Notably, this specific block generated approximately 3 million dollars in transaction fees for the miner. The halving is a scheduled adjustment that is part of Bitcoin's design to control inflation by reducing the rate at which new bitcoins are generated.
Another block. Another halving. Another milestone in Bitcoin's history. Congratulations guys. Here's to the next one π₯
Happy #Bitcoin halving. Bitcoin has officially passed block 840,000. https://t.co/VbB2XZQ1NZ
βHalvingβ arrives for bitcoin miners https://t.co/YBprNQNGxS
The 4th #bitcoin halving has occurred, as the 840,000th block has been mined... Going forward, only half the rewards will be paid to bitcoin miners for validating transactions on the cryptocurrency's blockchain... #BitcoinHalving2024 $FBTC $IBIT $COIN $MARA $RIOT $CIFR $CSLK https://t.co/6HoDNOUnAE
π Happy Bitcoin halving day! That's it, the fourth #Bitcoin #halving took place today, reducing the mining reward from 6.25 BTC to 3.125 BTC. Discover what the Bitcoin Halving means for you: https://t.co/Mu7ynwVp4R https://t.co/I6M99vXBru
Well timed, Tony - on Bitcoin halving day! https://t.co/Xg4lhviEBy
The 4th #bitcoin halving has occurred, as the 840,000th block has been mined... #BitcoinHalving2024 $FBTC $IBIT $COIN $MARA $RIOT $CIFR $CSLK
Bitcoin Barely Bobbles After Halving βΊ https://t.co/8PeyZaZRHB https://t.co/8PeyZaZRHB
Bitcoinβs 4th halving completed.π€ #BitcoinHalving2024 https://t.co/49oMLXAL9F
Bitcoin 4th halving completed.π€ #BitcoinHalving2024 https://t.co/hWDjOqdKn4
Congratulations to everyone! Bitcoin 4th halving completed.π€ #BitcoinHalving2024
Congratulations to everyone! Bitcoin 4th halving completed.π€
The #Bitcoin halving is complete! Miners now receive 3.125 Bitcoin per block that's produced. Bitcoin Block 840,000 PAID 3 MILLION DOLLARS in fees to the miner who produced it π€―π€―π€― https://t.co/DLDYu7VuCN