NitroBetting.eua leading exclusive bitcoin sportsbook, has teamed up with bitcoin Magazine to present an exciting new contest, The bitcoin Halving Challenge.
This innovative contest offers participants a unique opportunity to test their bitcoin market prediction skills. A group of 50 winners with the most accurate predictions will share a total prize of 1 bitcoin.
The contest opened for entries on Wednesday, November 1, 2023 and will remain open until March 31, 2024 at 11:59 pm EST. Interested participants can submit their guesses to www.bitcoinhalving.com.
Anyone over 18 years of age can participate. To qualify for the prize pool and be eligible to withdraw winnings, participants must have or create a verified NitroBetting.eu account.
The challenge offers a notable grand prize of 1 bitcoin, which will be distributed among the top 50 participants whose predictions are closest to the price of bitcoin at the time of the bitcoin halving event expected in 2024. The most accurate prediction will win 0 .5 btc.
“Bitcoiners love to predict the future price of bitcoin. Our goal was to create a competition that could identify the most accurate predictor. We are delighted to partner with Nitrobetting.eua respected and long-standing presence in the bitcoin community, to offer a significant reward,” said Mike Germano, president of bitcoin magazine.
Most bitcoin forecasters expect the halving event to occur on April 13, 2024.
A bitcoin halving occurs when mining rewards are cut in half. Since 2020, bitcoin nodes that mine to validate transactions have received 6.25 bitcoins for each block successfully mined. Once the halving occurs, 3,125 bitcoins will go to the nodes to complete the blocks.
“The bitcoin Halving Challenge” guarantees excitement, competition and the opportunity to win substantial prizes while interacting with the market. With the support of Nitrobetting.eu, the contest is set to become a highlight in the bitcoin community, offering more btc bets and attractive propositions for all participants.
For more information about the contest and to register, visit www.bitcoinhalving.com.