Bitcoin's fourth halving is completed, and the block reward has officially reduced to 3.125 BTC.

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The fourth Bitcoin halving was completed when the block height reached 840,000 at 8:09 AM Taiwan time on April 20th. The Bitcoin block reward has been reduced from 6.25 to 3.125.

Bitcoin Halving Completed in 2024

Block 839,999 also marks the last block in history to receive a 6.25 BTC reward, as shown by block explorers such as Blockchain and Mempool, with SBI Crypto being the miner of this block.

What is Coinbase data: Fun Facts about the Mysterious Message at Block Height 629,999

Bitcoin's Third Halving in 2020

Looking back at the previous halving events, the third Bitcoin halving occurred on May 12 at 3:23 AM (Taiwan time) at block height 630,000. However, a secret message was inputted in the Coinbase data of block 629,999.

During the COVID-19 pandemic, countries worldwide were lowering interest rates and implementing various financial stimulus policies. The message embedded in the block referred to the headline of The New York Times on April 9 of that year:

“On April 9, 2020, The New York Times injected $2.3 trillion, far surpassing the 2008 rescue level of the Fed's relief plan.”

Bitcoin's Genesis Block in 2009

The Bitcoin "Genesis Block," which is the very first block in Bitcoin's history, also contained a similar message. In the Genesis Block of Bitcoin, Satoshi Nakamoto included the headline from The Times:

“On January 3, 2009, Chancellor on brink of second bailout for banks”