Everything You Should Know About Bitcoin Halving
Bitcoin halving, also known as the "halvening," is an event that occurs approximately every four years in the Bitcoin network. It involves a reduction in the reward given to miners for validating transactions and adding them to the blockchain. Specifically, the block reward, which is the amount of newly created bitcoins given to miners, gets cut in half. This reduction is hardcoded into the Bitcoin protocol and is designed to occur every 210,000 blocks. Initially, when Bitcoin was created, the b
