Easiest understanding of having Bitcoin

Currently Bitcoin is rewarding miners with 6.25 Bitcoin every 10 minutes. In one day, it generated 144 rewards totaling 900 Bitcoins.

As of now, the network is at block 833,096.

By April 2024, the network will automatically halve the block reward to 3,125 bitcoins => This is called Bitcoin Halving.

It happens about every 4 years. This will make Bitcoin supply scarcer. Crypto market participants expect this will help the price of $BTC increase as it has happened in previous Halving cycles.