Share this article
Suggestions That Bitcoin Halving Might Come Sooner Are Mostly Wrong
Bitcoin’s hashrate is reaching all-time highs, and it’s causing confusion about “the halvening” on Twitter.
Updated May 11, 2023, 3:53 p.m. Published Sep 12, 2022, 10:12 p.m.
Bitcoin’s hashrate – the computational effort required to secure the network – is nearing historical highs, raising concerns from a few people on Twitter about an accelerated Bitcoin halving schedule (the reward for mining a block is halved approximately every four years).
Should they be worried? Not really. Bitcoin’s algorithm prevents acceleration of the halving schedule, a developer highlighted.
STORY CONTINUES BELOW
Bitcoin miners process transactions and compete to add a new block to the Bitcoin blockchain roughly every 10 minutes. Several factors (for example, number of miners or technological improvements) can disrupt that 10-minute rhythm, making it slightly easier or a little more difficult to mine blocks.
The Bitcoin algorithm monitors the level of difficulty and adjusts it every 2,016 blocks (approximately every two weeks) to maintain that 10-minute block time.
The algorithm also controls how many bitcoins miners receive as a reward for processing transactions and securing the network.
When Bitcoin was launched in 2009, miners received 50 bitcoins for successfully mining a block. That reward (called a “subsidy”) is halved every 210,000 blocks (roughly every four years), and the next halving will take place in 2024.
So can a jump in hashrate push that date to 2023 as some are claiming? The short answer is, no.
Read more: Bitcoin Mining Difficulty: Everything You Need to Know
Changes in hashrate will not significantly alter Bitcoin’s halving schedule because Bitcoin’s algorithm prevents wild variations in block time by adjusting difficulty to match whatever external conditions exist at the time.
There may be small changes in dates here and there, but nothing significant enough to push the halving schedule from 2024 to 2023.
One Bitcoin developer tweeted his perspective:
And then the difficulty adjustment hits your in the face… https://t.co/R0pnHEDS2l
— NVK ⚡️🌞 nvk.org/nostr (@nvk) September 12, 2022
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Solana’s Drift Launches v3, With 10x Faster Trades
With v3, the team says that about 85% of market orders will fill in under half a second, and liquidity will deepen enough to bring slippage on larger trades down to around 0.02%.
What to know:
- Drift, one of the largest perpetuals trading platforms on Solana, has launched Drift v3, a major upgrade meant to make on-chain trading feel as fast and smooth as using a centralized exchange.
- The new version will deliver 10-times faster trade execution thanks to a rebuilt backend, marking the largest performance jump the project has made so far.
Top Stories
