What is Bitcoin halving? The most important
Halving is a planned and coded reduction of the very reward that a miner receives when adding a block of transactions to the blockchain. Bitcoin halvings occur approximately once every four years, or more precisely, every 210 thousand new blocks completed by miners. Each halving halves the number of bitcoins that miners receive as a block reward.
At the time of the launch of Bitcoin in 2009, miners received 50 Bitcoins per block, but during the first halving in 2012 this reward was reduced to 25 Bitcoins, in 2016 - to 12.5 BTC, in 2020 - to 6.25 BTC, and in 2024 it is planned to reduce to 3,125 coins. What is the meaning of Bitcoin halving
The 2024 halving is expected in April, but it is quite difficult to name the exact date and time of the halving. This is due to the fact that the period of time required to generate new blocks can either slow down or speed up depending on a number of factors.
