**Understanding Bitcoin Halving**

If you still don't understand the concept of Bitcoin Halving (or maybe you are new), kindly check this out!

**What is Bitcoin Halving?**

First, what is Halving and how might it double Bitcoin’s price? Companies are buying Bitcoin, but why? Isn’t there a dip coming? Well, let’s reveal the mystery.

**Demystifying Halving**

Halving means a reduction by half. No, don’t worry! The bitcoins in your wallet won’t get halved. Bitcoin has a function that keeps reducing the mining rewards by half after a specific number of blocks (of transactions).

**The Bitcoin Cycle Unveiled**

Let’s learn how “The Bitcoin Cycle” works. When you're sending your Bitcoin to buy your favorite NFT, you just enter the receiver wallet address and then forget and start scrolling Facebook. You don’t know what's happening behind the scene. You check after a while and still see the NFT marketplace is waiting for 3 confirmations. Then you search for Blockchain Explorer, enter the wallet address or transaction ID, and find that only 2 confirmations are made.

**The Role of Miners**

Who is making the confirmation? Who is behind the whole Bitcoin system? Hey dude, there is no central server. There are thousands of dudes like you and me who are buying graphics cards and powerful CPUs, but not for gaming like you, but for mining. No, I’m not talking about Minecraft. They're mining Bitcoin! There are thousands of miners, who set up thousands of server computers to mine Bitcoin. They calculate transactions and blocks, providing safety and stability to the blockchain of Bitcoin. Obviously, their mom and dad aren’t happy, but why should they care? They're greeting fresh Bitcoins in their wallet as rewards.

**The Future of Bitcoin**

Even you shouldn't care if you can now make money by posting on Square. You know Square announced a challenge called #HotTrends recently where you can post content-specific topics to earn a few bucks? Well, just search for it.

#Write2Earn

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