Decrypt logo
Decrypt logo

Bitcoin Halving Countdown 2024

Stay ahead with our comprehensive impact analysis and expert predictions
Bitcoin Halving 2024 Countdown Clock
840000Halving Block
0Current Block
~10 minutesBlock Time
USD undefinedExchange Rate
USD 0.00 BMarket Cap
0.00 TDifficulty
Bitcoin News
Bitcoin whale. Image: Shutterstock/Decrypt
Opinion
Morning Minute

Morning Minute: Is Crypto's 4-Year Cycle Over?

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors slightly lower; Bitcoin at $121,500 ZEC continues to lead top movers, up 19% to $230 JPMorgan says SOL ETFs will attract less demand than BTC & ETH Roger Ver agrees to pay $48M to end crypto tax fraud case Aster airdrop portal opens today ahead of 14th airdro...

·

Aug 2, 2024

Image: Artie Medvedev/Shutterstock

Business

Marathon Digital Posts $200 Million Quarterly Loss Amid Bitcoin Mining Sector Woes

Bitcoin miner Marathon Digital Holdings reported a significant loss for the second quarter of this year, citing the impact of Bitcoin’s halving event on its operations as rivals posted similar results. The Fort Lauderdale, Florida, firm faced a substantial net loss and decreased Bitcoin production amid rising operational challenges, according to its latest quarterly figures. The Bitcoin halving event in April, which typically occurs approximately every four years, effectively slashed the reward...

by Sebastian Sinclair ·

Aug 1, 2024

Image: PalSand/Shutterstock

Business

Bitcoin Miner Riot Posts $84 Million Quarterly Loss as Post Halving Era Bites

Riot Platforms, a NASDAQ-listed Bitcoin miner, reported a net loss of $84.4 million in its latest quarterly financial report, even as the price of the world’s largest crypto remained relatively stable. Instead, its loss was primarily driven by a 52% year-over-year (YOY) decline in the number of Bitcoin mined between April 1 and June 31, Riot said Wednesday. Riot also reported a non-cash stock-based compensation expense of $32.1 million, along with depreciation and amortization costs amounting to...

by Sebastian Sinclair, Matthew Sainsbury ·

Jul 28, 2024

Image: André Beganski/Decrypt

Business

Bitcoin Miners Weathering ‘Identity Crisis’ as Some Eye AI and Acquisitions

Bitcoin mining firms sized each other up at Bitcoin 2024 in Nashville late last week, as a post-halving stretch continues to put pressure on firms' established business models. While some publicly-traded players are treating the industry-wide hurdle as an opportunity to expand their operations or launch hostile takeover attempts, others are embracing more diversified revenue through innovations like AI compute and chip manufacturing to get ahead. At the annual conference, a corner was crammed wi...

by André Beganski ·

Jun 26, 2024

Bitcoin mining. Image: Shutterstock

Business

Bitcoin Mining Profitability Is Near an All-Time Low—Why?

Although the Bitcoin network’s fourth ‘halving’ event occurred more than two months ago, its repercussions have continued to impact Bitcoin miners, making the industry’s profit margins tighter than ever. According to Hashrate Index, Bitcoin’s “hash price” tapped an all-time low on May 1, falling to just $44.76 per petahash/second (PH/s), per day. The metric quantifies how much money a miner can expect to earn daily at a specific hash rate. Bitcoin “hash rate” is the rate at which Bitcoin miners...

by Andrew Throuvalas ·

May 18, 2024

Image: Roaring Kitty YouTube Channel.

Markets

This Week in Coins: GameStop Surge Spurs Meme Coin Mania, and Bitcoin Ends on a High

What a week it's been. The Sunday night return of Roaring Kitty led to a trading frenzy, with meme stocks and digital coins and tokens alike surging. The internet star and financial analyst posted on Twitter (aka X) for the first time in nearly three years. By Monday morning, the price of GameStop had gone through the roof as traders decided to snap up the original meme stock. Roaring Kitty—real name Keith Gill, aka DeepFuckingValue on Reddit—started the meme stock trading craze back in 2021, i...

by Mat Di Salvo ·

May 17, 2024

Bitcoin trades 24/7. Image created by Decrypt using AI

Markets

Bitcoin Is Booming, Hits Highest Price Since the Halving

The price of Bitcoin has surged to its highest since the much-talked about halving event on April 19, touching a recent high of $67,422 on Friday before dipping again. CoinGecko data shows that the biggest digital asset is up by nearly 3% in the past day. Over seven days, the coin has risen by more than 9%. It's now priced at $66,750. Bitcoin last hit today's high price on April 13, more than a month ago. Bitcoin dropped following the halving—a quadrennial happening baked into the coin's code—th...

by Mat Di Salvo ·

May 2, 2024

Image: Chakkaphong Wanphukdee/Shutterstock

Markets

Bitcoin Transactions Plummet Following Absurd Runes and Halving Surge

The price of Bitcoin may have taken a hit as of late—but at least you can again make payments using the coin with relative ease.  Transaction fees for Bitcoin are now back to the lows it stood at last month. The average cost for a transaction is $4.50 as of this writing, according to BitInfoCharts. Following the quadrennial halving event last month, the cost to send Bitcoin hit a record high of $128 per transaction as the network became clogged with activity following the concurrent launch of Ru...

by Mat Di Salvo ·

Apr 25, 2024

Image created by Decrypt using AI

Coins

Bitcoin 'Epic Sat' From the Halving Sells for $2.1 Million

The first satoshi mined on the Bitcoin blockchain after last week’s halving event, mined by Bitcoin mining pool ViaBTC, went up for auction—and fetched a sizable seven-figure sum. The auction of “epic sat” 1,968,750,000,000,000, hosted on the cryptocurrency exchange CoinEX, ended Thursday with a final bid of 33.3 Bitcoin ($2.13 million worth) winning the piece of Bitcoin history. It's not yet clear who won the auction. The auction of the Epic Sat began on April 20, the day after the halving, wit...

by Jason Nelson ·