What is halving and why does it attract such interest? The essence of the halving is to halve the reward for miners. What is the reason for this event? It's just built into the way the Bitcoin algorithm works. Halving occurs every four years and the reward is halved. We currently receive 6.25 bitcoins for each block mined. After the halving, this reward will decrease to 3.125 bitcoins per block. This will lead to a slowdown in the rate of its production and, consequently, a decrease in inflation. This, in turn, can lead to an increase in price, that’s why everyone waiting halving $BTC