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Live Blog: Bitcoin Halving 2016
The bitcoin block reward is set to fall from 25 bitcoins to 12.5 bitcoins in just a few hours.
By Stan Higgins
Updated Sep 11, 2021, 12:22 p.m. Published Jul 9, 2016, 1:41 p.m. 1 min read
The bitcoin block reward is set to fall from 25 bitcoins to 12.5 bitcoins in just a few hours.
The event, which happens roughly every four years, represents a major shift in the mining landscape, and speculation has swirled about what impact the reward drop will have on the bitcoin mining ecosystem.
CoinDesk will be live blogging today's event, providing updates on the latest speculation and commentary.
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What to know:
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- Major cryptocurrencies lagged the macro rally, with bitcoin, ether and other large-cap tokens falling around 2% to 6% amid cooling...
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