Bitcoin block production speeds up or pushes "halving" ahead of schedule in early 2024

08/27 03:45

According to a report by Jinse Finance, the latest data disclosed by Cryptosalte shows that the production speed of the Bitcoin blockchain has increased to approximately one block generated every 9.83 minutes. If the current hash rate and mining difficulty are taken into account, this speed range may lead to an earlier Bitcoin halving, which is estimated to occur in early 2024. At that time, the block reward will be reduced from 6.25 BTC to 3.125 BTC.

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