Bitcoin Halving 2024 Termin. With only days to go and btc back over $70,000, the 4th bitcoin halving, scheduled for april 2024 according to coinmarketcap’s countdown ticker, will slash mining rewards from 6.25 btc to 3.125 (roughly 900 to 450. A ‘bitcoin halving’ is a predetermined event that occurs approximately every four years, in which the reward for mining new bitcoins is cut in half.
Just to recap, april 2024’s halving event reduced the reward for mining a block of bitcoin from 6.25 btc to just 3.125 btc. Halving events, occurring approximately every four years, have historically been followed by price surges.