Nhân dịp sự kiện halving của Bitcoin vào năm 2024, Binance sẽ chia quỹ thưởng trị giá 500. From the pre-halving to 1 st halving era, we saw a 37 times increase ($31. Hard Fork adds 2 new mining algorithms. Phân tích kỹ thuật 10 loại tiền điện tử có những thông tin thú vị trong tháng 12. Last month, the rumors of a hastened BTC halving schedule have sent Bitcoin to top of the crypto trending list , ahead of other popular currencies at the time, including Ethereum ( ETH ), Shiba Inu ( SHIB ), and. The halving event took place at a block height of 2,520,000. Bitcoin halving is a pre-programmed event that happens roughly every 4. 07 or buy 3 1050Ti? comments sorted by Best Top New Controversial Q&A Add a Comment . It claims to be the people s coin. Historically, the halving cycle has comprised a two-year recovery rally ahead of the event, followed by a. 0622, and its trading volume is $19,684 in the last 24 hours. 125 BTC. All crypto halving dates of POW (Proof of Work) cryptocurrencies that have a fixed supply and block reward halving: Bitcoin (BTC), Vertcoin (VTC), Litecoin (LTC), Bitcoin SV. This third halving reduced the block reward for miners from 12. 5 BTC per block mined, and the crypto halving that took place in May of 2020 once again slashed this number down. 88, according to figures from CCData. 00 DOGE. I even helped pay a few bills at home, which I was proud of because I'm still in college. Also some people will be stubborn, hoping. 125 BTC during the upcoming halving in March-April 2024. #Vertcoin isn't the only horse in the GPU hash race. 56 BTC. From the 2 nd to 3 rd halving eras, we saw a 16 times increase ($1178 to $19800). Bitcoin Halving Event: Occurs every 210,000 blocks, approximately every 4 years. ChatGPT predicts that if the current conditions persist, Bitcoin’s price could climb to the $40,000 to $60,000 range (or even higher) post-halving in 2024. The project is Lyra2RE-based, with blocks every 2-1/2. As a result, now the reward for all freshly mined blocks will drop from 50 VTC to 25 VTC. Press J to jump to the feed. The halving is a vital element of the Bitcoin design. By contrast, 1 LTC was once worth as much as 0. Should you buy Bitcoin before halving?Business, Economics, and Finance. Updated dependencies and pulled in upstream changes. The first halving sliced off the first 50% of the Bitcoin mining reward – from 50 to 25 Bitcoins per block. The halving of Litecoin has proven to be a pivotal event in the cryptocurrency’s history, with far-reaching implications for its price and network dynamics. 5 minutes) Block reward which starts at 50 and halves continually every halving event until it reaches 0 (approximately by year 2145)In 2019, it soared 550% after bottoming 243 days in the weeks leading to that year’s halving, before rising around 1,573% after the event. In Brief. 125 BTC. Bitcoin’s run from a low of $526. 20). In the months after the first halving in 2012, the network hash rate and difficulty declined as less. Ravencoin is rapidly approaching its first ever mining rewards halving event – set for 14:48 UTC on January 11. 06%, and the last 90 days is 6. Existe uma contagem regressiva para o halving do Litecoin? Sim, confira neste site. Yes, we might not find another block before VTC halving, the hash rate has dropped, many miners stopped mining VTC. 92%. In other words, block rewards are halved every four years until all VTC tokens are mined. This is coded to happen every 210,000 blocks and sets the reliable monetary policy. The Bitcoin halving, which is also known as “the halvening,” is the name for one of the most hotly anticipated events in Bitcoin’s history. In fact, Bitcoin has been halved three times ever since its release in 2009. In. We are an open and decentralized blockchain based currency focused on long term distribution of mining consensus. 125 bitcoins. The second halving happened almost exactly four years later, on December 8, 2021. A recompensa de Litecoin por bloco diminuirá de 25 LTC por bloco para 12,5 LTC por bloco. GL HF. ”. Trong bài viết này, Tạp chí Bitcoin sẽ xem xét mười loại tiền điện tử có những phát triển thú vị trong tháng 12. Hard Fork adds 2 new mining algorithms. Replies. RT @cryptovertedcom: WE'RE GIVING AWAY 100 VTC TO 10 USERS! This has been an amazing #VTCember so far! Vertcoin's halving has successfully occurred with Block #1680000. Internet by Night IV · December 1, 2021 · VTC halving is coming. There were 5 double-spent outputs in which ~ 125 VTC. Receive payouts in DOGE and more. Indeed, the Bitcoin (BTC) bull run in 2021 is credited to a halving event – and similarly a Vertcoin (VTC) halving event last year posted a 30% pump. In the lead-up, speculation circulated about the halving's effects on mining, the network and price. 001 DOGE) The 2020 halving reduced the supply of new bitcoins by 43% relative to the previous halving. 50 MH/s consuming 450 watts of power at $0. El primer halving de Bitcoin ocurrió en noviembre de 2012, que redujo la recompensa de minería de 50 a 25 BTC. The halving algorithm was developed in the initial bitcoin release. Vertcoin utilizes Kimoto’s Gravity Well difficulty adjustment algorithm, with a halving interval of four years. Orriginal Dec 27, 2022. 25 BTC to 3. In the 12 months leading up to the May 2020 halving, Bitcoin rose from around £4,000 to roughly £8,000, marking a 100% increase in value. 62% at block 2,086,066 on the Vertcoin blockchain network. It will result in a decrease in the block reward from 6. Victoria is the capital city of the Canadian province of British Columbia, on the southern tip of Vancouver Island off Canada's Pacific coast. In the case of a hard fork, all nodes meant to work in accordance with the new rules need to upgrade their software. A VTC mining difficulty of 100. ”. 8-$3. Atualmente, a projeção para o halving do Litecoin é de um ano antes do Bitcoin, por volta de agosto de 2019. The community was watching anxiously, as the closing price on the halving day was ($12. 20. GL HF Reply D1sCoL3moNaD3. 600, dengan angka tersebut maka BTC mengalami kenaikan +2. 125 BTC. At the time of the 2012 halving, Bitcoin was trading around $12. And before that, the crypto's price skyrocketed by an astounding 2,824% in the wake of its 2016 halving, reaching what was then an all-time high of $19,065. Bitcoin 2025 and 2030 price predictions. EMC2 has a 60 second block time and maintains a 50% block reduction to democratize the mining process. I have a rig running at 20Mh ish elec is @ . 5 VTC. - Every 840,000 blocks — approximately every four years — Litecoin experiences a halving event. Each new block generates 6. 00 DOGE. As the name suggests, halving cuts the production of new Bitcoins by 50%. After the halving, the price continued to fall. 2K votes, 254 comments. Những phát triển này có thể có tác động tích cực đến giá của chúng. The next halving is set to occur in March of 2024 and the reward will be reduced from the current 6. We can't be complacent. Updated dependencies and pulled in upstream changes. Open this page to get detailed analytics for Vertcoin(VTC) price and value Open menu Open navigation Go to Reddit Home. 50 VTC:. In May 2020, the number of bitcoin (BTC) entering. Select a cryptocurrency hashrate chart to view the historical network hashrate values for. 001 DOGE)The fact that the halving will occure first half of december was known for a long time. MORE FROM FORBES ADVISOR Vertcoin (VTC) Vertcoin’s (VTC) block reward halving is scheduled for Dec. 5 $VTC To Halving I Will Give 12. 51429 %: 2nd halving: December 8, 2021: 1,680,000: 12. 899x). 25 BTC, then when Bitcoin is halved, it will be 3. Added 3 years ago. October 31, 2023. And today VTC halving is done XD. This reduces the distribution of coins affecting supply and demand for the cryptocurrency. The upcoming Vertcoin (VTC) will change the mining algorithm from Lyra2REv3 to Verhash. *Comparison of cyclic behavior of BTC before and after halving* 1st Halving: Nov-2012 2nd Halving: Jul-2016 3rd Halving: May-2020 **4th Halving: MARCH-April-2024** I have noted the 1st halving data but it is not matching with 2nd and 3rd halving, therefore I have considered it as an outlier. As the. Most analysts suggest the price will cross the mark of over $100,000 after the next event. This halving occurs roughly every 4 years and will continue to half until the. The second halving occurred on July 9, 2016, and Bitcoin’s price plummeted to $670 at the time, but rose to $2,550 by July 2017. Changes since 2. Vertcoin fork. It slows the production rate of new Bitcoins and bolsters the cryptocurrency’s value. At the first Halving, the 50 BTC mining reward was halved to 25 BTC. All the while, hash rate continues to rise as new miners plug in as lagging demand to mine bitcoin by increasingly deep pocketed and sophisticated investors with cheap energy. Receive payouts in DOGE and more. Halving was written into the cryptocurrency's code by its creator, who is known as Satoshi Nakamoto, to control inflation. Earlier in the month, meanwhile, another popular yet controversial Bitcoin industry figure used the same halving narrative to insist that the price cycles. By changing one value you can calculate all other values. Halvings reduce the rate at which new coins are created and thus lower the available. Currently, that reward is 50 VTC. 1st ETC ERA reduction – December 11, 2017 2 at block height 500,001. At block 840,000 the mining reward will be halved from 50 VTC to 25 VTC. A halving is a predetermined event that occurs every 210,000 blocks - every 4 years, during which the block reward for miners is cut in half. The halving took place on block 840,000. At the time of writing, Litecoin is currently trading at $87. 0: Mandatory update to ensure accurate Expected Earnings (calculation now accounts for VTC emission halving) Lower Dogecoin network fees again (usually < 0. 125 bitcoins; Bitcoin halving Effect: The miners’ reward is halved, reducing the rate at which new bitcoins are created and introduced into circulation. “The halving is the opposite of money printing induced inflation, this is the first and largest RVN supply cut in Ravencoin’s history. I'm talking about the existing ICX, that weren't sold at ICO, which is about 16% of total supply. 5 BTC and then 6. The Bitcoin halving, which takes place every 210,000 blocks or every 4 years, is an event where the miner’s rewards are divided in half. Changes since 2. 5 mins. Holiday Shopping Season 2023: Deals Up to 75%! Category . 25 LTC. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. 2% Causes New Prospects For The Market. VTC is supported by the halving on December 8th. This lowers the rate at which Litecoins are generated. If they turn into a couple hundred bucks then score, if not it was a fun little experience mining some tokens Reply More posts you may like. 20. The dynamic is similar to the. , 1M. Two months prior to the last halving event in May 2020, the Bitcoin price was trading at less than $10,000. While this is far from enough data for any meaningful projections, if the above pattern continues we might see a 7 fold price increase during the upcoming 4 th halving. Traders, interested in playing this news, locked in their poesitions a month ago. Here you will find out which coins have a halving in 2023, 2024, 2025 and 2026. A fork is a rule change such that the software validating according to the old rules will see the blocks produced according to the new rules as invalid. The first halving sliced off the first 50% of the Bitcoin mining reward – from 50 to 25 Bitcoins per block. 28, 2012: First Slice. January 10, 2022, 7:39 AM · 3 min read. Following the August 2015 halving, litecoin traded between $2. Check all detailed data about VTC trading pairs & learn about Vertcoin markets. @Vertcoin. 5 Litecoins, but post-halving, it will shrink to 6. 2, the Litecoin blockchain went through its automated halving procedure at block. Much of this growth can be attributed to Bitcoin (BTC) — which recovered from its yearly lows of $15,883. Best cryptocurrency to mine in 2023 guide: check out our list of most profitable cryptocurrencies best coins for CPU and GPU mining other tips and tricks for better profit. This reduction in the block reward has historically influenced the price performance of Litecoin, often leading to considerable rallies in the average price of. ReplyThe block height at which the halving occurs is predetermined and encoded in the Bitcoin protocol. Days 2022-01-21. July 9, 2016, was the date of the second halving, and 1 BTC was worth around $670. One Year After The 2020 Halving, Bitcoin Price Has Gained 533%. 0: Mandatory update to ensure accurate Expected Earnings (calculation now accounts for VTC emission halving) Lower Dogecoin network fees again (usually < 0. Other Posts. What is the Vertcoin Halving History? The very first VTC halving date was December 11, 2017. CryptoUnsurprisingly, ChatGPT has reiterated the fact that the upcoming halving in 2024 could have a massive impact on Bitcoin’s price. Expected Earnings after VTC halving will now adjust without having to restart. As the second Vertcoin. 25 BTC per block. Halvings reduce the rate at which new coins are created and thus lower the available. RVN's second halving will occur around. r. According to forecasts, the next halving will take place in May 2024, at which time the mining reward will be reduced to 6. QTUM is an open source blockchain platform. 25 bitcoin. Since halving happens every 210,000 blocks, the next Bitcoin halving is expected to occur in April 2024 when the block height reaches 840,000. 95 on 22 June 2019. The Vertcoin mining profitability results and mining rewards were calculated using the best VTC mining calculator with the following inputs. The halving after that is expected to occur in 2028 further reducing the reward to only 1. 125 BTC. All crypto halving & forking countdowns on one webpage!The next Bitcoin halving is expected to take place in April 2024. When is the Next Zcash Halving? The next Zcash halving is estimated to take place. 0394 (VTC to USD). It shows impulsive and corrective price. 99 MSRP. - Releases · vertiond/verthash-one-click-minerRavencoin is rapidly approaching its first ever mining rewards halving event – set for 14:48 UTC on January 11. Every four years, the amount of Bitcoin doled out to cryptocurrency miners halves in a process imaginatively known as Bitcoin halving (or halvening). Bug Report. View the Vertcoin hashrate chart for current and all time Vertcoin historical hashrates. Antminer S19 XP. In April this year, 2023, Bitcoin traded for around £22,000. 5 VTC to 6. Vertcoin has been around since 2014 and is a cryptocurrency with its own PoW blockchain, using Graphics Cards. Madencilik kripto para birimlerinin üretilmesini sağlamasının yanında blockchain sistemindeki. Vertcoin's initial block reward was 50 VTC. 28, 2012, when the price of a Bitcoin was a mere $12 – one year later, Bitcoin had skyrocketed to around $1,000. The Bitcoin SV halving is estimated to happen on the 10th of April, around 18:00 CET. 5 new coins to 6. The reward, or subsidy, for mining started out at 50 BTC per block when bitcoin was released in 2009. It will occur on December 8th, 2021, in 23 days, and has potential to positively affect the price of VTC. Any reason why this is happening? The Bitcoin halving is a programmed event that cuts the amount of mining rewards in half each time 210,000 blocks have been mined, which occurs approximately every 4 years. Setahun kemudian pada bullrun 2017, BTC meroket hingga $19. According to Cryptorphic, the Bitcoin bull market is projected to continue for a period ranging from 478 to 512 days following the halving event scheduled for April 25, 2024. There is no impact to coins you currently own and it requires no action on your part. This will affect, but in long term. Pada dasarnya, halving Bitcoin mengurangi tingkat pembuatan koin baru sehingga akan menurunkan jumlah pasokan baru yang tersedia. I mined a few (not got a super pc) and just left them. Yes, we might not find another block before VTC halving, the hash rate has dropped, many miners stopped mining VTC. If Bitcoin mining capacity now is 6. Press question mark to learn the rest of the keyboard shortcuts Buy VTC or a 1080 . 00. 0031, with its all-time low of 0. Verthash will reset the difficulty and lower the powLimit with a factor of 128 compared to the Lyra2REv3. By the year 2032, ETC will have an inflation rate of 1. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. As the term suggests, halving is the process of dividing by two the amount that a cryptocurrency is mined. The halving is periodical and is programmed into Litecoin's code. 15 BTC. Những phát triển này có thể có tác động tích cực đến giá của chúng. 125 BTC per block, decreasing inflationary pressures and potentially raising Bitcoin's value. 000 blocos. preda. In the case of a hard fork, all nodes meant to work in accordance with the new rules need to upgrade their software. Net Inflow Of Digital Asset Investment Products Sets New High Since July 2022. Ringkasan Artikel. The last Bitcoin halving occurred on May 11, 2020, at a block height of 630,000. However, it is important to remember that the price of. For this upcoming Vertcoin block reward halving, the total number of Vertcoin mined by miners per block will be reduced from 12. The most recent Bitcoin mining subsidy halving took place one year ago today, and its price has risen dramatically since. Within around one year, it had rallied above $1,000. The Citizens' Assembly on Electoral Reform says the new proportional electoral system it proposes for B. 2016 Halving. The First Vertcoin Halving 2017. Indeed, the Bitcoin (BTC) bull run in 2021 is credited to a halving event – and similarly a Vertcoin (VTC) halving event last year posted a 30% pump. Summary. Learn more by opening the separate. 001 DOGE) Here you will find out which coins have a halving in 2023, 2024, 2025 and 2026. 25 VTC. 50 VTC at $0. Halving cuts block reward by half, currently 25 VTC / block will be reduced to 12. 000 dengan. Vertcoin is due to hit a significant milestone on December 8 with a halving event that is set to see the reward miners receive drop from 25 VTC to 12. Binance Coin (BNB) BNB là token gốc của Binance, một trong những sàn giao dịch tiền điện tử phổ biến nhất trên thế giới. A key component of the Bitcoin network is the halving process, which ensures bitcoin supply limitation. - Releases · vertiond/verthash-one-click-minerThen the VTC website can have a attractive frontpage with updates/vtc price tracker/ vtc halving tracker/VTC block explorer/VTC richlist/general appealing message about all the good VTC is bringing to the world in stead of getting the miner page as the front page. Bitcoin and cryptocurrency podcast sharing and discussing news and trading strategies. 68% but after 2024 halving the inflation. The process was then repeated in 2016 and 2020 when the rewards per block became 6. 25 BTC and after next bitcoin halving rewards will be 3. At block 840,000 the mining reward will be halved from 50 VTC to 25 VTC. It claims to be the people s coin. Countdown 753 Days 7 Hours 19 Mins 55 Secs See full list on buybitcoinworldwide. We can't be complacent. Changes since 2. 36%. 001 DOGE) The fact that the halving will occure first half of december was known for a long time. November 15, 2023. Source. 69 billion to $1. Looking at BTC’s historical data shows that the asset traded at around $12 on November 2012 (first halving) and exploded by almost 100x within a year to nearly $1,000. As the second Vertcoin. BTC Halving 2024 date is predicted to transpire on. Bitcoin miners are at the heart of this. The Vertcoin difficulty data levels are calculated using the daily. Halving was written into the cryptocurrency's code by its creator, who is known as. In other words, block rewards are halved every four years until all VTC tokens are mined. FOCUSED-DISCUSSION. This event cuts the reward for confirming Bitcoin transactions, known as mining, by 50%, in order to preserve Bitcoin’s scarcity and manage inflation. Thread topics include, but are not limited to: Discussion related to recent events Technical analysis, trading ideas &…Update: a new version that works with suprnova VTC pool will be released today in about 12 hours!. r/vertcoin A chip A close button A chip A close button Halving cycles are important to keep an eye on, and the next coin to hit its halving period is Vertcoin. 2012 Halving 10K% rise after 2016 Halving 3,5K% rise after 2020 Halving 700 % rise after Projected PA below would also be 700% BUT, Bitcoin is. Setelah adanya Bitcoin halving di tahun 2024, mining rewards akan berkurang menjadi 6,25 BTC. Vertcoin is on the decline this week. The Stacks main net will upgrade in December. Pre-halving period. 5 VTC to 6. Having overcome the halving, Bitcoin is trading at $8,500, with market dominance of 67% as of press time, according to Coin360. When the Bitcoin network first launched, miners earned 50 bitcoin (BTC) per block, and the first Bitcoin halving in 2012 reduced the block reward to 25 BTC per block. It discourages multipool mining. Bitcoin ( BTC) stands at the start of a “new regime” after its early 2023 price gains, and next year will prove pivotal. Monday's halving event means that the reward for unlocking a "block" has been cut from 12. ; Bitcoin halving rewards on November 20, 2023 is 6. Bitcoin halving is an event that occurs approximately every four years, where the block rewards that miners receive for mining new blocks on the Bitcoin blockchain are reduced by halfBitcoin Halving 2024. The event takes place every four years, according to pre-set rules in Bitcoin's code. Friday Apr 19, 2024 at 05:50:50 PM UTC. Bitcoin has a fixed supply of 21 million coins. Vertcoin has the same halving time as Bitcoin (approximately every 4 years). The leading community for cryptocurrency news, discussion, and analysis. ; ♻️ Data historis memperlihatkan terdapat tiga fase dalam satu siklus halving yang terjadi setiap 70. Bitcoin halving refers to a critical function within the complex algorithm steering the bitcoin blockchain, reducing the reward for mining new bitcoin by 50%. In this conversation. The VTC mining difficulty increase average in the last 24 hours is -25. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. PlanB’s Stock 2 Flow model predicts Bitcoin’s price between $100,000 and $288,000 by the end of 2021. 3 it cut my expected earnings to ~2. 5 VTC. 30 votes, 11 comments. What is Vertcoin (VTC) Vertcoin is a decentralized peer to peer cryptocurrency with a heavy focus on decentralization. Intuitive & Stable Masari Mining Pool. As the time required to generate new blocks varies, the precise date of the halving is not yet known. CryptoThe Bitcoin halving is a programmed event that cuts the amount of mining rewards in half each time 210,000 blocks have been mined, which occurs approximately every 4 years. Litecoin ( LTC) has begun the month with a rally, rising 7% over the last 24-hours, with bulls noting the network’s halving in two months and a significant uptick in activity in May. What is Vertcoin (VTC) Vertcoin is a decentralized peer to peer cryptocurrency with a heavy focus on decentralization. 25 LTC. 125 BCH per block; The purpose of the Bitcoin Cash halving is to decrease the circulating supply of new BCH coins and, thus, cause scarcity whilst driving. LINK/USDRT @VertcoinFUN: BREAKING NEWS Vertcoin Halving - 3 days left -> Buy/Sell $VTC $BTC here ->. ”. This. Log In / Sign UpMazaCoin (MAZA) Block : 2105603. A 3-month BTC price chart at HedgeTrade shows bitcoin’s steady growth leading up to the halving despite the market plunge in March 2020:. AVALANCHE. Vertcoin’s Second Halving has occurred at block #1680000. 001 DOGE) Expected Earnings after VTC halving will now adjust without having to restart. 0017 coming in June 2022. The community was watching anxiously, as the closing price on the halving day was ($12. 5 VTC. Sam Cooling. Less than 7 days left until #HALVING! #VTCEMBER IS HERE and so is 7 day #GIVEAWAY!The Bitcoin (BTC) halving event, when the pseudonymous cryptocurrency’s supply will be cut in half, is approaching. 000 blocos. I don’t think it’s likely VTC will ever reach a new ATH in BTC terms (0. "Election. Additionally, Bitcoin has been halved before. It uses an ASIC-resistant mining algorithm. The Vertcoin mining profitability results and mining rewards were calculated using the best VTC mining calculator with the following inputs. We don't know what will happen to the price which is up to the market. Litecoin has successfully completed the third halving event. One incorrect. The most recent Bitcoin mining subsidy halving occurred officially one year ago today, on May 11, 2020. Expected Earnings after VTC halving will now adjust without having to restart. Sam Cooling. If Bitcoin were to perform in line with the last two. 99, down 3. It should take place on May 11, 2020, which is when 210,000 blocks of BTC. Indeed, the Bitcoin (BTC) bull run in 2021 is credited to a halving event – and similarly a Vertcoin (VTC) halving event last year. It discourages multipool mining. will improve the practice of democracy in the province. View community ranking In the Top 5% of largest communities on Reddit Question about GRS and VTC Halving . 5 per block. Bitcoin’s white paper featured an explanation for a constant reduction in emissions and the schedule for this event. 25: 12. 07 or buy 3 1050Ti? Key Takeaways. 25 BTC, which will be halved to 3. Bitcoin traded at just under $9,000 during the. Satoshi Nakamoto illustrates Bitcoin’s designed scarcity (21 million coins) in the following lines of code. The 2nd Bitcoin halving occurred on July 9, 2016. 35 based on halving, money flows or history of the internet and technological companies. face palm00:00 Intro00:05 Vertcoin HALVING!01:40 Vertcoin vs USD TA!07:04 Vertcoin vs BTC TA!09:39 Floki Inu TA!11:36 Join YCC!Vertcoin halving in LESS than 6 days!!!. Vertcoin events on the chart. Halving event occurring every 840,000 blocks (approximately every 4 years, because 1 VTC block time is 2. The quadrennial "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. Ravencoin is rapidly approaching its first ever mining rewards halving event – set for 14:48 UTC on January 11.