49+ Bitcoin Halving Log Chart PNG. It seems that the new bitcoin era is also changing trading methods and algorithms of the stock market. When bitcoin first started, 50 bitcoins per block were given as a reward to miners.

That next halving! : Bitcoin from i.redd.it

Bitcoin halved on may 11, 2020, around 3 pm est. This pattern will continue from now until the 64th halving (if (halvings >= 64) return 0;) but in practical terms it means that by 2140 there will be no block subsidy at all that's gives us from 2024 to 2140 mining less than 1. Click on image to enlarge and see entire bitcoin halving price history chart.

Current block at bitcoin halving at block #840,000 blocks to go.

As you can see from the diagram above, the block reward for each block mined used to be a whopping 50 bitcoin when bitcoin was starting to gain some steam. Every time a bitcoin halving occurs, miners begin receiving 50% fewer btc. Bitcoin block reward will decrease from 6.25 to 3.125 coins in approximately. Bitcoin protocol cuts the bitcoin block reward in half.