The countdown is about to end. The long-awaited halving, the fourth in the history of bitcoin (the previous three were in 2012, 2016 and 2020), will arrive on Saturday 20 April (at the closure of the 840,000 block), with the reward for miners halving from the current 6.25 euros for each block mined (approximately every 10 minutes) to 3.125 euros. In other words, bitcoin supply growth will decrease by 50 percent again. This is an essential feature of the Bitcoin protocol that guarantees not only a decreasing schedule of disinflationary supply growth, but also that the circulating supply of Bitcoin will converge towards the maximum established for the cryptocurrency, i.e. 21 million virtual coins. «The halving represents one of the most anticipated moments in the world of cryptocurrencies – points out Gianluca Sommariva, founder and CEO of Hodlie, an Italian automatic investment platform in cryptocurrencies –. Looking back, after each Halving we have seen an impressive growth in the value of bitcoina sign of growing investor confidence and adoption.”
April 19 – 12.36pm
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