What is Bitcoin Halving? Bitcoin halving is an event where the block reward for mining Bitcoin is cut in half. This means that new Bitcoins will be created at a slower rate on the Bitcoin network. The halving event is coded into Bitcoin's protocol and occurs roughly every 4 years.
When Was the Last Halving? The last Bitcoin halving event happened on May 11th, 2020. Back then, the block reward dropped from 12.5 BTC to 6.25 BTC.
When is the Next Halving? The next Bitcoin halving is expected to occur on May 22nd, 2024. This date will coincide with the mining of the 840,000th block on the Bitcoin network.
How Does Halving Affect Price? Halving can put upward pressure on the price of Bitcoin by reducing its supply. This could potentially make Bitcoin more valuable. However, it's difficult to definitively predict how the price will react.
What Happened During Past Halvings? Historically, Bitcoin's price has often risen following halving events. For example...
https://cryptoinfinityai.com/dashboard/news_detail.php?id=34