As part of Bitcoin's coin issuance, miners are rewarded a certain amount of bitcoins whenever a block is produced (approximately every 10 minutes). When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners. After every 210,000 blocks re mined ("Bitcoin Halving" - aapproximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140).
The next Bitcoin halving date is scheduled to take place at block 840,000.
This market will resolve to YES, if Bitcoin block #840,000 is mined before April 20, 4:20 PM UTC. Otherwise, it will resolve to NO.
As of now, the block reward is 6.25 coins per block and will decrease to 3.125 BTC per block post-halving.
Watch the current block and new blocks being mined at https://timechaincalendar.com/en or http://mempool.space
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