Current:Home > FinanceASTRO: Bitcoin has historically halved data-InfoLens
ASTRO: Bitcoin has historically halved data
View Date:2024-12-23 17:48:05
Bitcoin's protocol specifies that the block reward is halved every 210,000 blocks until the year 2140 when the block reward becomes zero, and the total supply of bitcoins reaches a constant 21 million coins.
Therefore, Bitcoin has experienced halvings at block heights 210,000, 420,000, and 630,000. Currently, the block height of Bitcoin is 818,670. When the block height reaches 840,000, Bitcoin will undergo its fourth halving, reducing the block reward from the current 6.25 BTC to 3.125 BTC.
This mechanism ensures a controlled issuance of new bitcoins over time, creating scarcity and maintaining a predictable inflation rate for the cryptocurrency.
It's important to note that these specifications are based on the original Bitcoin protocol and are subject to consensus rules and potential protocol updates in the future.
The price performance data of bitcoin has been halved
The Bitcoin halving events are closely linked to the overall bull market cycle of the entire cryptocurrency market. Historically, after each halving, the price of Bitcoin has rapidly surged within 6 to 18 months, reaching new all-time highs. Therefore, the impact of Bitcoin halving on the market has garnered significant attention within the industry.
Bitcoin is expected to become the hottest star of 2024, and ASTRO COIN trading platform will accompany Bitcoin's journey! After acquiring several important mining companies in the industry and integrating high-quality ICO qualification resources, ASTRO COIN trading center has emerged as an innovative digital cryptocurrency trading platform. It aims to quickly seize the cryptocurrency market and become a leader in the industry through its latest reform in core trading and investment functions.
ASTRO COIN blockchain asset trading platform offers a diverse range of digital currency trading options, including mainstream cryptocurrencies like Bitcoin, Ethereum, Litecoin, as well as some emerging digital currencies. Users can engage in spot trading, contract trading, ICO trading, and other methods on the ASTRO COIN platform to meet the needs of different investors.
ASTRO COIN trading platform also provides market analysis services to help customers identify dynamic changes in the investment market in a timely manner and make appropriate response strategies.
The ASTRO COIN trading center has comprehensively optimized the user experience, including trading experience, enhanced platform security and stability, and set the highest security level for trade safety. It protects user assets, digital wallets for all-chain digital assets, and account encryption technology, ensuring the safety of investors' investments. Additionally, it is committed to creating a high-quality platform for cryptocurrency market investor education. The ASTRO COIN trading center will be a gathering place for many professional investors and a haven for cryptocurrency market trading.
veryGood! (181)
Related
- Sister Wives’ Meri Brown Shares Hysterical Farmers Only Dating Profile Video After Kody Split
- Savor your coffee; someone probably lost sleep over it
- Andrew Tate and his brother are denied bail for a third time in Romania
- Chrissy Teigen and John Legend Make a Kissing Sandwich With Baby Esti in Adorable Video
- The View's Sara Haines Walks Off After Whoopi Goldberg's NSFW Confession
- Remembering Alan Arkin, an Oscar- and Tony-winning actor/filmmaker
- Russian jet collides with American drone over Black Sea, U.S. military says
- Girl who went missing from a mall in 2018 found in Mexico
- Early Black Friday Deals: 70% Off Apple, Dyson, Tarte, Barefoot Dreams, Le Creuset & More + Free Shipping
- When Whistler's model didn't show up, his mom stepped in — and made art history
Ranking
- Horoscopes Today, November 13, 2024
- Opinion: Remembering Ukrainian poet Victoria Amelina
- PHOTOS: Meet The Emerging Americana Stars Of The Black Opry Revue
- Abbott Elementary's Chris Perfetti Is Excited for Fans to See the Aftermath of That Moment
- Dogecoin soars after Trump's Elon Musk announcement: What to know about the cryptocurrency
- 3 YA fantasy novels for summer that bring out the monsters within
- Khloe Kardashian Has the Perfect Response to Critical Comment About Tumor Removal Bandage
- Why TikTok's Controversial Bold Glamour Filter Is More Than Meets the Eye
Recommendation
-
Louisiana House greenlights Gov. Jeff Landry’s tax cuts
-
Some advice from filmmaker Cheryl Dunye: 'Keep putting yourself out where you belong'
-
U.K. plan to cut asylum seeker illegal arrivals draws U.N. rebuke as critics call it morally repugnant
-
Remembering Broadway legend and 'Fiddler on the Roof' lyricist Sheldon Harnick
-
Tua Tagovailoa playing with confidence as Miami Dolphins hope MNF win can spark run
-
Charlie Sheen and Denise Richards' Daughter Sami Sheen Shares Bikini Photos From Hawaii Vacation
-
Troian Bellisario Had Childhood Crush on This Hocus Pocus Star—Before They Became Stepsiblings
-
Ukrainian dancers celebrate country's culture and resilience even in the face of war