Posted 3/21/2024, 10:52:34 PM
Bitcoin's Next Halving Date Remains Fluid as Network Activity Surges
- Bitcoin halving, which cuts miner rewards, was expected on 4/20 again after date shifted from 4/15
- Date keeps changing because halving happens at a certain blockchain block, which depends on network activity
- If 10 minute average between blocks holds, 4/20 date should happen
- Block time varies between 2-15 minutes usually, causing date estimates to shift
- Recent surge in network activity (ETFs, retail, NFTs) makes 4/20 possible but date could still bounce around
