#halving #BTC #etf

A Bitcoin mining fork is an event that occurs approximately once every four years, and reduces the reward given to miners in half for each block mined, which means reducing the number of new coins produced. Currently, 6.25 Bitcoins are mined in each block, and after the split, this amount will decrease to 3,127 Bitcoins in each block. This mechanism represents an essential part of the Bitcoin mining process and its overall impact on the network.

It is important to note that this is not the first Bitcoin fork event; Three divisions have previously occurred, the first in November 2012, the second in July 2016, and the third in May 2020, and the next event will be in April 2024.

A mining reward split is an event that halves the mining reward for each block. In theory, this split occurs approximately every four years, and it forms an essential part of the coin's mechanism to ensure its continuity and rarity. To date, Bitcoin has been mined at a rate of 6.25 BTC per block. After the expected fork in 2024, this reward will decrease to 3.125 BTC per block.

According to experts, this reduction in the rate could lead to a reduction in the currency's programmed inflation rate from 3.65% to 1.8%.

In practice, miners will be directly affected by the reward split