On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million bitcoin and the hashrate reaching an all-time high three days ago on May 2.
Block 735,000: Halfway to the Next Halving
The Bitcoin network is getting closer to the next halving which is estimated to happen on or around April 27, 2024, or 723 days from now. At block height 735,000, the 105,000th block was mined and there’s now 105,000 left to go until the next halving. At the time