After recently having released new explorers and APIs for Monero (XMR) and Cardano (ADA), and a release monitor and full node dumps for developers, Blockchair has now launched a halving countdown dashboard for Bitcoin, Bitcoin Cash and Bitcoin SV.
In Bitcoin networks, ‘miners’ are incentivised to process transactions correctly with new Bitcoins entering the system at every block of transactions that is processed correctly. This block reward decreases 50% every 4 years. Starting with a block reward of 50 Bitcoins per block, the current block reward is 12,5 Bitcoins per block, and will be reduced to 6,25 Bitcoins per block.
The halving of the block reward for Bitcoin Cash and Bitcoin SV will happen approximately on the 8th and 9th of April respectively, and for Bitcoin on the 12th of May. Many speculate that this will increase the price of the respective currency due to the decreased supply of Bitcoin.
Blockchair now offers a simple overview of the most important data with regards to the Bitcoin halvings.
