TechFlow news, November 28 — Today marks the 12th anniversary of Bitcoin's first block reward halving event (November 28, 2012), when the block reward decreased from 50 BTC to 25 BTC. The Bitcoin network officially launched on January 3, 2009, with an initial trading price of $0.0008. According to market data, Bitcoin's current price stands at $95,230.
Bitcoin's block reward halving mechanism, designed by Satoshi Nakamoto, is a crucial deflationary feature. It triggers every 210,000 blocks (approximately every four years). The current block reward has now dropped to 3.125 BTC, with the next halving expected around April 17, 2028.
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