1 month before Bitcoin halving: what to pay attention to
Why halving is a big event
Bitcoin halving occurs approximately every four years, or after every 210,000 blocks are mined. After each event, the reward for mining new blocks is halved. This means that miners receive 50% less BTC for validating transactions and adding them to the blockchain.
In 2009, the block reward was 50 BTC. The 2012, 2016 and 2020 halvings reduced it to 25 BTC, 12.5 BTC and 6.25 BTC respectively. The next halving, which is expected to happen between April 17 and April 20, will reduce the miners' reward to 3.125 BTC.
