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Bitcoin halving is on the horizon, less than 10,000 blocks left

Bitcoin: Bitcoin halving is on the horizon, less than 10,000 blocks left

According to BitcoinBlockHalf portal, the upcoming bitcoin halving will happen on April 21, 2024. The remaining number of blocks to be processed before this event is less than 10,000.

At the time of writing, #miners have just over two months, equivalent to 68 days, to process the remaining blocks. Once halved, the reward per bitcoin block mined will drop from 6.25 BTC to 3.125 BTC.

A halving event occurs about once every four years and depends on various factors, including bitcoin miner activity.

According to analysts at Bernstein, bitcoin miners' stock prices are expected to rise in the run-up to the halving event. They specifically highlight two bitcoin miners - #Riot Platforms and #CleanSpark - as being particularly noteworthy compared to other businesses.

It's important to note that in February 2024, bitcoin mining #difficulty hit a new all-time high. Since the last adjustment, mining complexity has increased by 7.33% and now stands at 75.50 T.

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