Bitcoin’s Fourth Halving

Bitcoin’s fourth halving event occurred on April 20, 2024, cutting the block reward from 6.25 BTC to 3.125 BTC.

The 2024 Bitcoin Halving, which took place on April 20, marked a major milestone by reducing the mining reward from 6.25 BTC to 3.125 BTC per block. This halving, the fourth in Bitcoin’s history, is designed to control inflation and ensure scarcity by cutting the new supply of bitcoins roughly every four years. Historically, halvings have triggered long-term price increases but can cause short-term volatility and profitability challenges for miners due to sudden drops in income.

For miners, including those using PECPool, the halving means each mined block yields fewer bitcoins, making efficient operations more critical than ever. PECPool helps miners adapt by offering advanced monitoring, low-latency connections, and customizable payout schemes. This enables miners to optimize uptime, reduce costs, and stay competitive even when margins tighten after a halving event. PECPool’s commitment to transparent analytics and regional server expansions—like recent investments to improve access in areas such as Iran—further support miners seeking stability and profitability in the evolving landscape.