Today, Bitcoin mining pool ViaBTC has officially mined block 840,000, which not only ushers in the fourth Bitcoin halving, but also includes what has been deemed an “epic sat” by the Ordinals numbering system, which is the first satoshi (smallest unit of a bitcoin) of each halving epoch. Mempool Ordinals, numbering schemes for satoshis, have…
Today, on the day of the fourth Bitcoin halving, the Human Rights Foundation (HRF) announced the Finney Freedom Prize, commemorating the work of Hal Finney, one of the earliest public champions of Bitcoin. Today HRF launches the Finney Freedom Prize to honor Hal Finney, a champion of privacy, open-source software, and electronic cash The 1…
The Final Countdown to the Bitcoin Halving Has Begun Join Bitcoin Magazine and top voices in the industry as we countdown to block 840,000 and ring in a new era in Bitcoin. The Bitcoin Halving Livestream powered by Kraken will reveal the Top 21 Moments over the past 4 years as voted on by Bitcoin…
The halving is a pivotal moment in Bitcoin’s monetary policy every four years, having massive implications for the economic viability of individual mining operations, the overall market dynamics of the asset, and generally the block alcohol content present in Bitcoiners’ bloodstreams. Everyone celebrates the halving each cycle as a moment where Bitcoin becomes a more…
This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Setting aside certain days for celebration, commemoration or remembrance is a nearly universal practice among humans. While different cultures and religions have their own unique customs and traditions, the entire human race seems to share an…
Today marks a significant event as Bitcoin experiences its fourth scheduled halving. This event, also known as the halving, occurs approximately every four years and has far-reaching implications for the Bitcoin ecosystem. As Bitcoin Magazine prepares for a halving livestream, powered by Kraken, to commemorate this event, it’s crucial to understand what the halving is…
First, 50. Then, 25. Eventually, 12.5. After that, 6.25. And now, 3.125. Four halvings later, we enter the fifth of 33 epochs of Bitcoin. The first 32 epochs, in Bitcoin-terms, last 210,000 blocks, with the 33rd lasting until the heat death of the universe. At 10 minutes per block, on average, that means just about…
SATOSHI’S THOUGHT PROCESS Have you ever wondered what it must have been like for Satoshi Nakamoto back in 2008 when he published the Bitcoin Whitepaper? Spending countless hours in solitude, meticulously writing the code that would bring the world its first-ever successful attempt at creating a truly decentralized monetary network, the first of which our…
While to the greater Bitcoin culture, Bitcoin halvings are seen as a celebratory event, for miners, things tend to be a tad stressful. As Bitcoiners around the world gather to celebrate block 840,000, miners are hunkering down and preparing for their reward for mining blocks to decrease by 50%, while the cost of their operations…
The Bitcoin halving event, a pivotal occurrence, is scheduled for April, 19 2024. This quadrennial event will reduce the block subsidy for Bitcoin miners from 6.25 BTC to 3.125 BTC, thereby halving the reward that miners receive for their efforts. Such events have historically led to profound shifts in the mining landscape, potentially influencing various…
In celebration of the historic fourth Bitcoin halving and to ring in a new epoch in sound money, Bitcoin Magazine and Kraken are pleased to present the Bitcoin Halving Livestream. This event will bring together prominent voices in the Bitcoin space including Barstool CEO Dave Portnoy, Strike CEO Jack Mallers, Bitcoin Magazine Institutional Lead Dylan…
da-kuk Originally posted on April 11, 2024 By Payal Shah At A Glance CME Group Bitcoin products have helped establish a robust derivatives marketplace for bitcoin, with average daily open interest in Bitcoin futures rising to $11 billion in March A new element ahead of this halving is the rise of spot bitcoin ETF inflows,…
The Bitcoin halving event is pivotal in the cryptocurrency world, impacting miners’ strategies and the entire network’s dynamics. As the rewards for mining new blocks are slashed in half, miners must adapt their approaches to maintain profitability and network stability. In this article, we delve into the various strategies employed by Bitcoin miners during the…
TD Bank subsidiary TD Direct Investing recently uploaded a video on its YouTube channel explaining in detail the upcoming Bitcoin halving event, expected around April 19 or 20. The commercial serves to educate viewers on the significance of this event within the context of Bitcoin’s supply and demand dynamics. JUST IN: TD Bank subsidiary releases commercial explaining…
Introduction As we approach the conclusion of the third epoch, the countdown to the next Bitcoin halving is firmly underway. The halving (also known as the “Halvening”) is one of the most important and innovative features of Bitcoin. Every 10 minutes, the Bitcoin network issues new bitcoin and approximately every four years (every 210,000 blocks,…
The Himalayan nation of Bhutan plans to expand its Bitcoin mining operations fivefold ahead of the impending halving event in April. BREAKING: 🇧🇹 Kingdom of Bhutan to increase mining capacity 6x ahead of the #Bitcoin halving to 600 megawatts. Nation state FOMO is setting in 🙌 pic.twitter.com/kLsU3fGk0U — Bitcoin Magazine (@BitcoinMagazine) April 5, 2024 According…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. With Bitcoin’s next halving set to take place this month, miners are using record profits to…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As we get closer and closer to the impending Bitcoin halving, the combined pressures of wildly…
NASHVILLE, February 29, 2024 – Ledger and Bitcoin Magazine are pleased to announce “10 Steps to Self-Sovereignty”, a new content partnership to help the public understand Bitcoin security tips and best practices and reduce their reliance on trusted third-parties. The content partnership will leverage Ledger’s global security expertise with Bitcoin Magazine’s editorial production and distribution…
ismagilov Bitcoin (BTC-USD) is scheduled to undergo its fourth halving in April, one of the most anticipated events of 2024 within the crypto space. Halving is a process where Bitcoin mining is cut in half, reducing the number of new bitcoins released to the market. The policy was introduced to ensure BTC remains scarce. Approximately…
With 2024 already underway, the anticipation in crypto circles is hitting a fever pitch as everyone braces for Bitcoin’s halving – an event that could reshape its market landscape. It deserves to be looked into as historically this event sparked transformative waves across the crypto scene. Knowing what we’ve learned from previous halvings, we’re set…
MicroStockHub/iStock via Getty Images Trading at $29.4 at the time of writing Marathon (NASDAQ:MARA) is far below its 2021 peak of $75. Now, historical developments like the regulatory approval of the first Bitcoin (BTC-USD) spot ETF last month and the halving event to take place around April 19 are determining the miner’s performance, especially given…
(NASHVILLE, TN – January 30th, 2024) Bitcoin Magazine, in collaboration with Kraken Digital Asset Exchange, is excited to unveil the 2024 Bitcoin Halving Livestream. This celebration, akin to a New Year’s Eve variety show and featuring bitcoin’s biggest names, is dedicated to marking the fourth epoch in Bitcoin’s history. Broadcasting live from Nashville, Tennessee, the…
The fourth Bitcoin halving is almost upon us, and this one has the potential for some very interesting surprises. This halving marks the reduction of the Bitcoin supply subsidy from 6.25 BTC every block to 3.125 BTC per block. These supply reductions occur every 210,000 blocks, or roughly every four years, as part of Bitcoin’s…
Bitcoin has shown a tendency to experience steady price increases in the months following the halving. The countdown to the Bitcoin (BTC) Halving in 2024 has begun, with just 100 days remaining until the event takes place. While the crypto market eagerly anticipates the approval of a spot Bitcoin Exchange-Traded Fund (ETF), Bitcoin miners will…
Based on his historical prediction of 2015 and 2019, PlanB remains confident that the Bitcoin price could rally to $500K during the mega bull run of 2025. After a strong start to the year 2024 last week, Bitcoin has been facing some selling pressure but has managed to hold above $43,500 levels. However, this hasn’t…
The timing aligns perfectly in 2024 for a spot ETF approval to have already attracted significant investment, and then the halving decreases Bitcoin’s supply right when demand shoots higher. After yet another banner year in 2023 with over 150% gains, all eyes are on Bitcoin (BTC) to see if the flagship cryptocurrency can sustain its…
CryptoQuant says factors like the halving, ETF, approval, and rate cuts, could push Bitcoin to $160K next year. Analysts are bullish on the potential of Bitcoin (BTC) for next year, indicating several factors that could pump the price to $160,000. According to a blockchain analytics firm CryptoQuant report, Bitcoin may already be on its way…
Several companies are anticipating the changes expected from the Bitcoin halving next year and have pumped in more mining investments. The Bitcoin mining industry has consistently picked up steam over the last few months. According to a report from Bitcoin mining consultancy and PR firm BlocksBridge Consulting, Bitcoin miner investment commitments have crossed $1.2 billion…
The number of daily transactions on the Litecoin network reached an all-time high of 1.09 million on November 14, surpassing even Bitcoin’s transaction count of around 523,284 at the same time. In a remarkable turn of events, the Litecoin (LTC) network has experienced an impressive surge in active addresses, achieving a new all-time high merely…
Crypto experts during the Next Block Expo conference in Berlin unanimously agreed the crypto bear market is over but emphasized a cautious approach. Bitcoin (BTC) price has continued to showcase its stability as an investment product in the past few days. After reaching a new yearly high of around $44.5k, Bitcoin price has been ranging…
Anticipation is building for the approval of a spot Bitcoin ETF in January 2024. If it happens, it could bring a significant influx of at least $12 billion to $14 billion into the BTC market, potentially driving up the price. A bold Bitcoin (BTC) price prediction by CEO Adam Back of blockchain technology company Blockstream…
imaginima CleanSpark (NASDAQ:CLSK) is the 2nd Bitcoin (BTC-USD) mining company that I plan to hold over the long term because I believe CLSK stock is quite undervalued at current price levels. CLSK shares are up 138% YTD and have greatly outperformed both the S&P 500 (SPY) and NASDAQ 100 (QQQ) by a wide margin. Data…
Bitcoin price has already bottomed out from the 2022 crypto bear market with about 137.1k BTC left to mine until the fourth halving event in early 2024. It is expected that approximately 150 days are left until the next halving. The much-awaited Bitcoin (BTC) parabolic rally beyond its all-time high (ATH) will happen after April…
NitroBetting.eu, a leading Bitcoin-exclusive sportsbook, has joined hands with Bitcoin Magazine to introduce an exciting new contest, The Bitcoin Halving Challenge. This innovative contest offers participants a unique opportunity to put their Bitcoin market prediction skills to the test. A pool of 50 winners with the most accurate predictions will share a total prize of…
The Bitcoin network has set a new historic mining hashrate record as the market prepares for next year’s halving. The hashrate for Bitcoin hit a record high on Saturday, cresting at 543 EH/s at 8:00 am GMT. This beat the 525 EH/s recorded on the 7th and 10 of October. The current high puts the…
Bitcoin has risen over 110% in 2023 at the time of writing, where the price of the asset started the year off at $16,677 on January 1, has now pumped to above $35,000 only 10 months later. With more room to run this year as hype builds in the market around the potential approval of…
Predictions for the upcoming Bitcoin halving are still pouring it, with most of them bullish on Bitcoin’s chance of a parabolic rise. The upcoming Bitcoin halving expected next year is already creating quite a bit of buzz as the market anticipates a reduction in Bitcoin block rewards. With a little over six months left till…
According to Zhao, the effects of a halving usually take time to materialize. The cryptocurrency industry is awash with anticipation as the all-important Bitcoin halving event date draws closer. However, there have also been many predictions for what may happen in the aftermath of the event, which is expected to take place in April 2024….
Changpeng Zhao, the CEO of Binance, one of the world’s largest Bitcoin and crypto exchanges, has expressed his belief that the next Bitcoin halving, scheduled for 2024, could usher in a period of renewed price growth. Bitcoin halvings, which occur approximately every four years, are pivotal events in the cryptocurrency’s history. During these events, the rate…
Back’s optimism does not solely hinge on the halving. The Blockstream CEO is confident that Bitcoin will scale new heights even before the event. Adam Back, a prominent British cryptographer and Bitcoin (BTC) advocate, has once again predicted that the cryptocurrency will attain an all-time high (ATH) of $100,000 per BTC before the upcoming halving…
The LTC price comes under pressure just hours before the Litecoin halving event ahead on Wednesday. Later today on Wednesday, August 2, the Litecoin blockchain network shall undergo the much-awaited halving event and the third such event in its 12 years of history. During a Twitter live stream last week, Litecoin creator Charlie Lee explained…
This is an opinion editorial by Marc Taverner, CEO of XEROF, a digital-asset-focused financial services provider. At long last, we’re entering the era of bitcoin financial products. After several attempts at regulatory approval from numerous financial firms, players like BlackRock may finally get their U.S. bitcoin ETF approved, while global firms like Deutsche Bank are…