Posted 4/12/2024, 6:39:00 PM
Bitcoin Halving Countdowns Vary Due to Block Time Estimates
- Bitcoin halving is scheduled for around April 19, but different countdown calculators show slightly different estimates
- The halving happens every 210,000 blocks or roughly every 4 years, pre-programmed into Bitcoin's code
- Precisely predicting the timing is tricky because it depends on current block height, target block height, and average time between block mining
- Average block time is estimated based on different time windows, leading to inconsistencies between calculators
- As the event gets closer, small differences in block time estimates lead to bigger differences in the countdowns