bitcoin halving Archives - Crypto Genius™

Bitcoin Mining Difficulty Skyrockets Ahead of Imminent Halving Event

The impending fourth Bitcoin halving event has triggered an over 8% increase in Bitcoin mining difficulty, recording a new all-time high. This alteration, which adjusts every 2,016 blocks according to miner count, maintains the block production ratio as more miners join. Despite cryptocurrency restrictions in China and a bear market in 2022 and 2023, the Bitcoin mining difficulty has quadrupled since February 2021, exceeding 81T. This surge indicates the steadfastness of the Bitcoin network, par

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Crypto Experts Optimistic: An Analysis of Bitcoin Halving and Future Outlook

Crypto News and Updates / Logan / October 9, 2023

Despite the current market depression and escalating tensions in the Middle East, the general sentiment in the cryptocurrency world remains positive. Crypto experts are particularly focused on the Bitcoin halving narrative, which is expected to occur in late April or early May 2024. According to Charles Edwards, the founder of Capriole Fund, 44% of Bitcoin’s returns have happened in the 12 months following each halving. He suggests that the market should anticipate significant cycle returns i

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