Bitcoin halving is getting closer and closer. The event is expected to happen on April 19, but the exact time is still unclear and none of the online countdowns agree. How is it possible ?
4 days and 15 hours for Binance, 4 days and 13 hours for Cryptoast, 4 days and 16 hours for CoinAcademy and 4 days and 20 hours for BitPanda… No one agrees on the date of the next bitcoin halving. However, it is a flagship that is being watched closely by the entire crypto community – and despite everything, its exact time remains a mystery for now.
Why is it so hard to estimate the Bitcoin halving date?
This division by two is written into the Bitcoin code, so there are no organizers or people in charge of the event. It happens by itself, without developers or miners – and that’s also why it’s so difficult to calculate the exact date of the event. The Bitcoin blockchain is self-sustaining.
The halving happens every 210,000 blocks. Since it takes around 10 minutes to mine a block, it’s easy to know that this split happens every four years. However, it is very difficult to determine the exact date and time of this event. This is what we see with all online countdowns: no one agrees.