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Can you tell me the specific time of the last bitcoin halving?

avatarShine CrossifixioFeb 16, 2024 · a year ago3 answers

I'm curious about the exact time when the last bitcoin halving event occurred. Can you provide me with the specific date and time?

Can you tell me the specific time of the last bitcoin halving?
Bitcoin
Cryptocurrency
Halving

3 answers

  • avatarel allam OussamaDec 22, 2024 · 6 months ago
    Sure! The last bitcoin halving took place on May 11, 2020, at 7:23 PM UTC. This event occurs approximately every four years and is designed to reduce the rate at which new bitcoins are created. It's an important event in the bitcoin ecosystem and often has a significant impact on the price of bitcoin.
  • avatarLakers fanNov 14, 2020 · 5 years ago
    Absolutely! The last bitcoin halving happened on May 11, 2020. It's like a milestone event in the bitcoin world that occurs roughly every four years. During the halving, the number of new bitcoins created with each block is reduced by half. This mechanism is in place to control inflation and ensure the scarcity of bitcoin over time.
  • avatarSpufiMar 06, 2024 · a year ago
    Certainly! The last bitcoin halving occurred on May 11, 2020. As a result of the halving, the block reward for miners was reduced from 12.5 bitcoins to 6.25 bitcoins. This event is significant because it highlights the decentralized nature of bitcoin and its deflationary monetary policy. The next halving is expected to take place in 2024.

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