Bitcoin halving counters leveraging precise block interval times show the halving event could happen as early as March 1, 2024.
Bitcoin’s hashrate has been running hot despite the lower prices and the recent difficulty increases. In fact, blocks are being discovered faster than the ten-minute block interval average and because of this factor, the network’s reward halving may come sooner than expected.
When block times are faster than the ten-minute average and consistently remain faster during the two weeks leading up to a difficulty change, the shift will increase the difficulty.
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