*COUNTDOWN TO BITCOIN HALVING*
72
DAYS
10
HOURS
9
MINUTES
11
SECONDS
Bitcoin halving occurs every four years, reducing miners' rewards and new Bitcoin to the existing supply. It slows down inflation and increases Bitcoin’s price.
Three halvings have happened since 2009:
Nov 28, 2012: Reward per block reduced from 50 BTC to 25 BTC
Jul 9, 2016: Reward per block reduced from 25 BTC to 12.5 BTC
May 11, 2020: Reward per block reduced from 12.5 BTC to 6.25 BTC
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