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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.
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.
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CoinDesk will be live blogging today's event, providing updates on the latest speculation and commentary.
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Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
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- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
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- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
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