The long-awaited bitcoin halving for participants in the cryptocurrency market took place. The update took place on block # 630000, which was extracted by the AntPool pool.
The miner reward is now reduced by half and will reach 6.25 BTC for the mined block. It is worth noting that the procedure occurs automatically, since it is prescribed in the corresponding rule at the protocol level.
Recall, the alleged creator of bitcoin Satoshi Nakamoto included halvings in the network of his asset every 210 thousand blocks. The update will occur until the cryptocurrency issue is completed (tentatively this will happen in 2040). In turn, the first reduction in remuneration for the mined block took place in November 2012, the second – in July 2016. The next halving will occur in block 840000 in four years.
Ethereum co-founder Vitalik Buterin has warned crypto executives to switch focus to collective security and…
Binance founder Changpeng Zhao warned in a recent interview with CoinDesk that traditional banks may…
Ripple CEO Bradley Garlinghouse is pushing back against the idea that the company’s growing RLUSD…
According to a recent report from a local Chinese publication, Chinese regulators have moved against…
Wall Street staged a sharp recovery following the U.S. midterm elections, reversing earlier losses as…
ADA continues to gain popularity in tokenized real-world assets and institutional blockchain adoption. Petrobras’ move…
