At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might not follow the previous pattern. This week, the creator of the stock-to-flow (S2F) price […]Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might not follow the previous pattern. This week, the creator of the stock-to-flow (S2F) price […]
According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the block reward will be reduced by 50%, and the current block subsidy of 6.25 bitcoins will drop to 3.125 bitcoins per block post-halving. In addition to […]
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million […]
Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power dedicated to mining the Bitcoin blockchain as hashrate increased after the difficulty reduction. Additionally, bitcoin miners have […]
More often than not, people actively wonder who is responsible for buying up the newly mined BTC on the network. As it turns out, institutional investors may play a bigger role in this process than originally anticipated. Unlike traditional forms of money, Bitcoin has not hit an actual supply cap as of yet. Institutional Investors are Shopping for Bitcoin Instead, there will be an ongoing process of minting new BTC for another 120 years, until 21 million BTC have been reached. Recently, the Bitcoin network saw its block reward cut in half, as occurs every four years. With fewer BTC 
In less than two weeks, the Bitcoin block reward halving will take place and BTC miners will receive half the reward going forward after May 12. Since ‘Black Thursday’ (March 12), bitcoin prices have gained 103% since then rising from $3,800 to $7,750 per coin. With the halving fast approaching, many cryptocurrency proponents believe the […]
It has become apparent that Bitcoin’s surge to $12,000 and beyond has come to an abrupt halt earlier this morning. While no major damage has been done in the process, the uphill battle remains in place. Because of this sudden turn of events, the other markets are also bleeding value once again. One of the bigger “victims” is Litecoin, as the expected pump following the block reward halving was very short-lived. Litecoin Block Halving is a Success It has been coming for some time now, but Litecoin successfully completed its most recent block reward halving. With the number of LTC 
There are many different factors which can influence the price of any cryptocurrency. In most cases, it is a matter of supply and demand across different exchanges. With Bitcoin and Litecoin, that situation is slightly different. Both currencies have seen at least one block reward halving which had some interesting price-related consequences. Both currencies will go through another halving relatively soon, which has many traders excited. The Bitcoin Block Reward Halvings to Date In March of 2009, Bitcoin saw the light of date courtesy of Satoshi Nakamoto. It is clear for everyone to see the first block reward, which sat