Bitcoin Miners Receive Third Break This Year, Over 100K Blocks To Go Until The Halving – NewsBTC

Miners also have another 108,160 blocks left until halving happens on or around May 3rd, 2024, which could bring some significant profits if prices keep going up.

Bitcoin saw a significant reduction in the difficulty adjustment algorithm on March 7, 2021.

Two weeks ago, the difficulty was 28.59 trillion, and today with this decrease, the figures are 28.23 trillion.

Presently, the difficulty adjustment algorithm is expected to increase in the following change.

Bitcoin miners get closer every day toward the block reward halving expected to occur on or around May 4, 2024.

After halving, miners will see their reward cut in half, from 6.25 Bitcoins per block to 3.125 BTCs per block.

In recent days, some more pools have joined.

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.

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