Bitcoin ushers in fourth halving as miners' block subsidy reward drops to 3.125 BTC
Bitcoin’s latest halving is now complete, seeing miners’ block subsidy rewards drop from 6.25 BTC to 3.125 BTC. Bitcoin’s fourth halving occurred at block height 840,000, ushering in a new epoch for the network. Hopes of many in the community that the halving would land on the memeable date of 4/20 failed to materialize for the U.S. market as miners appeared to ramp up their hash rate on the network ahead of the subsidy drop.
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