Bitcoin halving, a significant event in the cryptocurrency world, occurs approximately every four years. This event reduces the rate at which new Bitcoin is created, cutting the rewards miners receive in half. The purpose? To maintain Bitcoin's scarcity and control inflation. With each halving, the total supply of Bitcoin dwindles, making each coin more valuable. The recent halvings, in 2012, 2016, and 2020, have historically preceded dramatic increases in Bitcoin's price, as demand surges while the supply diminishes. As Bitcoin continues to gain mainstream acceptance, understanding its halving process becomes essential for investors and enthusiasts alike.
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