Almost 6 days to go for the halving
this event, the block reward will be reduced from 6.25 BTC to 3.125 BTC. This will mark the fourth halving in Bitcoin’s history, with the fifth halving expected around 2028, after block 850,000 has been mined
The Bitcoin halving is a significant event that happens approximately every 4 years or after 210,000 blocks on the Bitcoin blockchain. It is programmed into Bitcoin’s code. Unlike conventional fiat currencies, which are subject to inflation due to the ability of governments or banks to increase the money supply, Bitcoin has a capped total supply of 21,000,000 BTC.
This scarcity positions Bitcoin similarly to gold—a resource with a limited supply that cannot be artificially increase!!
