NitroBetting.eu, a number one Bitcoin-exclusive sportsbook, has joined arms with Bitcoin Journal to introduce an thrilling new contest, The Bitcoin Halving Problem.
This modern contest provides contributors a novel alternative to place their Bitcoin market prediction abilities to the take a look at. A pool of fifty winners with essentially the most correct predictions will share a complete prize of 1 Bitcoin.
The competition opened for registration on Wednesday, November 1, 2023 and can stay open till March 31, 2024, at 11:59 pm EST. contributors can submit their guess at www.bitcoinhalving.com.
Anybody over 18 years outdated can take part. To qualify for the prize pool and be eligible for withdrawal of winnings, contributors will need to have or create a verified NitroBetting.eu account.
The problem provides a outstanding 1 Bitcoin grand prize, which shall be distributed among the many prime 50 contributors whose predictions come closest to the worth of Bitcoin on the time of the 2024 anticipated Bitcoin halving occasion. Essentially the most correct prediction will win 0.5 BTC.
“Bitcoiners like to forecast the longer term value of Bitcoin. Our goal was to create a contest that might establish essentially the most exact predictor. We’re thrilled to companion with Nitrobetting.eu, a revered and long-standing presence within the Bitcoin group, to supply a major reward,” mentioned Mike Germano, President at Bitcoin Journal.
Most Bitcoin prognosticators count on the halving occasion to happen on April 13, 2024.
A Bitcoin halving happens when rewards for mining are lower in half. Since 2020, Bitcoin nodes that mine to validate transactions have been awarded 6.25 bitcoins for every efficiently mined block. As soon as the halving occurs, 3.125 bitcoins will go to nodes for finishing blocks.
“The Bitcoin Halving Problem” ensures pleasure, competitors, and a chance to win substantial prizes whereas partaking with the market. With Nitrobetting.eu help, the competition is poised to turn out to be a spotlight within the bitcoin group, providing extra BTC bets and fascinating propositions to all contributors.
For extra details about the competition and to register, please go to www.bitcoinhalving.com.