Is The Bitcoin Price Is About To Explode To $421,000

The Bitcoin Price Is About To Explode.
After the April 2024 halving event, the number of bitcoins mined per day will be reduced. The halving occurs approximately every four years and reduces the reward miners receive for validating transactions on the Bitcoin network. As of my last update in January 2022, the block reward for miners was 6.25 bitcoins per block.
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Following the halving, the block reward will likely be reduced to 3.125 bitcoins per block. Each block is mined approximately every 10 minutes on average. So, in a day, there are 144 blocks mined (24 hours * 60 minutes / 10 minutes).
Therefore, the total number of bitcoins mined per day after the April 2024 halving can be calculated as:
3.125 bitcoins/block * 144 blocks/day = 450 bitcoins/day
Please note that this calculation assumes a consistent block mining rate and does not account for factors like fluctuations in network hash rate.
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This Video is for informational, discussion purposes and the opinion of BTC Biker only. BTC Biker has made every effort that the information contained in this video is correct, clearly expressed and accurate to the best of our knowledge, however, you MUST DO YOUR OWN RESEARCH! The financial data included in this video is based upon information derived from published or unpublished sources that are believed to be reliable, but BTC Biker and any of their affiliates do not guarantee its accuracy or completeness and accept no liability from any direct or consequential losses arising from its use. The advice and content described herein is not guaranteed by BTC Biker and their affiliates. BTC Biker and any of its affiliates do not undertake to update this video, or comments discussed may change without notice. The information and analyses contained herein are not intended as and should not be construed to be investment, financial, tax or legal advice.
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