Bitcoin halving conflict? Is this a rumor

3

Is there a conflict as to when the halving will occur and Bitcoin miner rewards become 12.5? Is is set in stone to happen this July or is it after a certain amount of blocks?

Jennifer Bledsoe

Posted 2016-06-27T10:19:21.423

Reputation: 31

Question was closed 2016-06-30T05:05:33.320

Answers

12

It is exactly at block 420000.

When block 420000 will be mined is not certain, as the block mining process is random and influenced by hashrate variation.

Pieter Wuille

Posted 2016-06-27T10:19:21.423

Reputation: 54 032