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Bitcoin.com 2023-11-05 09:30:45

Barefoot Mining CEO Projects a 52.5% Cut in Bitcoin Rewards Post-Halving

This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each block, excluding transaction fees, will decrease to 3.125 coins post-halving, a sharp drop from the current rate of 6.25 BTC per block.

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