Bitcoin Halving 2020
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The Bitcoin Halving of 2020 was a significant event in the cryptocurrency world. It's a mechanism programmed into the Bitcoin protocol that reduces the rate at which new bitcoins are created, effectively cutting the reward miners receive in half. This event occurs roughly every four years, and the 2020 halving marked the third such occurrence in Bitcoin's history. The halving is important because it helps control inflation and ensures the scarcity of Bitcoin, which is a key aspect of its value proposition.
