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  • ghung604

Is the Bitcoin Halving Actually tonight per Coinbase?

The Bitcoin halving is a coded event that cuts the amount of new Bitcoins created in half every four years. This makes Bitcoin more scarce, which can lead to a higher price.

The question is thought when is the actual bitcoin halving event. According to Coingecko, the event is in 3 days and 29 minutes on April 20th.

What is CoinGecko?

CoinGecko is a leading cryptocurrency data aggregator, providing comprehensive information on thousands of cryptocurrencies and their associated markets. It's a go-to resource for both seasoned crypto investors and those new to the space.

Coinbase is one of the largest crypto exchanges in the United States and is publicly traded on the Nasdaq.

Both are reputable sources so I asked AI for some answers. Google gemini wouldn't give me a straight answer so I asked MS co-pilot and here is the response verbatim.

The next Bitcoin halving is anticipated to occur on or around April 20, 2024. This event will reduce the block reward from 6.25 to 3.125 BTC123. The halving is a significant event in the Bitcoin network that happens approximately every four years, and it’s scheduled based on block height rather than a specific date. The 2024 halving is expected to happen at block 840,0001.

so I guess we will find out if Coinbase is telling the truth in a few hours otherwise I'll go with April 20th.


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