Bitcoin halving is the process of halving the Bitcoin mining reward approximately every 210,000 mining blocks, or approximately every four years.
This measure is used to maintain a balance of supply and demand in the Bitcoin market and to ensure its sustainable trading.
The mining reward doubles every time a halving occurs, leading to an increase in Bitcoin scarcity.
The halving is an important event because it affects the new supply of Bitcoin produced, which can lead to an increase in its value as a result of increasing scarcity and with such changes comes the opportunity for profit.#Halving
