what is BTC halving ? 🤔🤔🤔

let me explain BTC halving

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Bitcoin halving is a change to the blockchain technology that reduces the rate at which new Bitcoin is created. It occurs when the reward for mining Bitcoin transactions is cut in half, which means that miners receive 50% fewer bitcoins for verifying transactions. This happens roughly every four years after the network mines 210,000 blocks. The next Bitcoin halving is expected to occur in April 2024, when the block reward will fall from 6.25 to 3.125 bitcoins.

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