Bitcoin's latest 'halving' has reduced new production of the cryptocurrency. Learn about the impact on price and what it means for investors.
New York, Apr 20 (AP) The miners who chisel bitcoins out of complex mathematics are taking a 50% pay cut effectively reducing new production of the world's largest cryptocurrency, again.
Bitcoin's latest halving" appeared to occur Friday night. Soon after the highly anticipated event, the price of bitcoin held steady at about $63,907. (AP)
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback