The contest opened for registration on Wednesday, November 1st, 2023 and will remain open until March 31, 2024, at 11:59 pm EST. Interested participants can submit their guess at www.bitcoinhalving.com.
Anyone over 18 years old can participate. To qualify for the prize pool and be eligible for withdrawal of winnings, participants must have or create a verified NitroBetting.eu account.
The challenge offers a remarkable 1 Bitcoin grand prize, which will be distributed among the top 50 participants whose predictions come closest to the price of Bitcoin at the time of the 2024 expected Bitcoin halving event. The most accurate prediction will win 0.5 BTC.
A Bitcoin halving occurs when rewards for mining are cut in half. Since 2020, Bitcoin nodes that mine to validate transactions have been awarded 6.25 bitcoins for each successfully mined block. Once the halving happens, 3.125 bitcoins will go to nodes for completing blocks.
"The Bitcoin Halving Challenge" guarantees excitement, competition, and an opportunity to win substantial prizes while engaging with the market. With Nitrobetting.eu support, the contest is poised to become a highlight in the bitcoin community, offering more BTC bets and engaging propositions to all participants.For more information about the contest and to register, please visit www.bitcoinhalving.com.
About Nitrobetting.eu
Nitrobetting.eu is a leading player in the Bitcoin gaming industry, offering a diverse range of betting options, including sports, casino, racebook, and poker, all within the cryptocurrency ecosystem. With a reputation for transparency, reliability, and outstanding customer service, Nitrobetting.eu continues to push the boundaries of crypto gaming.
About Bitcoin Magazine
Since 2012 Bitcoin Magazine and Bitcoinmagazine.com has been the most trusted source of news, information, and expert commentary on Bitcoin. Providing analysis, research, education, and thought leadership at the intersection of finance, technology, and culture. Its parent company BTC Inc. is also the organizer of the bitcoin industry's largest annual event – The Bitcoin Conference.