Know more about Bitcoin Halving
Tuesday, 25 April 2023
What is Bitcoin Halving?
Bitcoin halving is a process that occurs every four years, where the reward for mining Bitcoin transactions is reduced by half, resulting in a lower rate at which new coins are created and a reduction in the available amount of Bitcoin. The halving mechanism is designed to help make Bitcoin a scarce, inflation-resistant resource, and it will continue to occur until all 21 million Bitcoins have been virtually mined, which is predicted to happen around the year 2140.
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