#Bitcoin Halving in 18 days

*predicted date: April 20, 2024 8:25 PM GMT+5:30

*halving block: 840000, current block: 837379

post-halving:

*Block reward will drop from 6.25 BTC to 3.125 BTC

*avg. cost of production per Bitcoin: $37,856.

*BTC mined/day: 450

Literally overnight, the supply is cut in half, lowering Bitcoin’s monetary inflation rate by 50%. However, this is not really as impactful in the short term as one might think. It mostly works its magic over time.