Lemme school ya on the lowdown of Bitcoin halving, cuz it ain't no set-in-stone event, ya dig? It only goes down once the Bitcoin network hits a specific block height, which happens about every 210,000 blocks or so, give or take. And while we can't pin down the exact date and time of the next halving, we can make an educated guess based on the current block height and average block time.
Now, I know y'all are eager to know when the next halving's gonna happen, but hold up, it ain't an exact science, my dudes. We can only estimate that it's gonna be around April or May of 2024. But don't go bettin' your life savings on that date just yet, cuz fluctuations in the mining network can still throw a wrench in our predictions
Topic: Can the exact date of the next Bitcoin halving be determined accurately? - page 2. (Read 248 times)
February 26, 2023, 07:59:50 AM
February 26, 2023, 04:00:33 AM
I was reading an article about Bitcoin halving when I noticed a timer, and according to them, the time tells when the next Bitcoin halving is most likely to occur.
I did some research and the results were all different, and since this will be my first Bitcoin halving since becoming a part of the Bitcoin ecosystem, I'd like to know if it's really possible to know the exact date of the next halving which is to happen in the year 2024.
It will be very difficult to know the exact date for the next half bitcoin in 2024. Because it is the same as knowing the day the next half bitcoin occurs and I think it will be very difficult for many people to know, and for example it can be known from now on. Of course there will be many people who want to wait for that date and there will also be many rich people on that date. And of course in the article that you read is also not mentioned about the date for the next half bitcoin right? I did some research and the results were all different, and since this will be my first Bitcoin halving since becoming a part of the Bitcoin ecosystem, I'd like to know if it's really possible to know the exact date of the next halving which is to happen in the year 2024.
February 26, 2023, 03:32:43 AM
Noboday can say exact date of next halving.
Bitcoin block reward halving happens after every 210,000 blocks since a previous halving block. It is an exact number and you can calculate a next block number at which block reward will be halved again.
https://bitcoinblockhalf.com/
Exact date is impossible to say because block time is very different but the average time is about 10 minutes. Time between two blocks can be a few seconds, 10 minutes or more than 10 minutes. It makes impossible chance to say an exact date for a next halving.
Bitcoin block reward halving happens after every 210,000 blocks since a previous halving block. It is an exact number and you can calculate a next block number at which block reward will be halved again.
https://bitcoinblockhalf.com/
Exact date is impossible to say because block time is very different but the average time is about 10 minutes. Time between two blocks can be a few seconds, 10 minutes or more than 10 minutes. It makes impossible chance to say an exact date for a next halving.
February 26, 2023, 03:32:20 AM
AFAIK it will depends on how fast or slow every block to be completed until it will reach the 840,000th block, the average estimation of each block to complete is 10 minutes, but it's just an average calculation and the Bitcoin difficulty will increase too which can effect to complete the block. That's why there's no accurate estimation when it will be completed because it depends on each people to calculate it.
February 26, 2023, 03:26:03 AM
I was reading an article about Bitcoin halving when I noticed a timer, and according to them, the time tells when the next Bitcoin halving is most likely to occur.
I did some research and the results were all different, and since this will be my first Bitcoin halving since becoming a part of the Bitcoin ecosystem, I'd like to know if it's really possible to know the exact date of the next halving which is to happen in the year 2024.
I did some research and the results were all different, and since this will be my first Bitcoin halving since becoming a part of the Bitcoin ecosystem, I'd like to know if it's really possible to know the exact date of the next halving which is to happen in the year 2024.
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