The Bitcoin halving event is just one month away and is expected to occur on April 20

The next Bitcoin halving event is just one calendar month away, with approximately 4,450 blocks left.

The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 around 8 a.m. EDT at current rate. In the next Bitcoin halving event, the reward for the network's miners will drop from 6.25 BTC to 3.125 BTC per block.

Bitcoin halvings are scheduled to occur automatically every 210,000 blocks, approximately every four years. Once a halving event occurs, miners receive 50% less bitcoins as a reward for each block of transactions they mine and add to the blockchain. However, they continue to earn additional transaction fees for each mined block as usual.
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