The Bitcoin halving, also known as the halvening, is a significant event in the world of cryptocurrency.
* What is the Bitcoin Halving?
* The Bitcoin network issues new bitcoins approximately every 10 minutes. However, this issuance rate is not constant.
* Every four years, the number of new bitcoins generated per block is halved. This reduction occurs on a specific block, and the day it happens is called a “halving.”
* The halving directly impacts the supply of new bitcoins. With fewer bitcoins being created, the overall supply decreases.
* The next halving, expected in April 2024, will further reduce the awards
https://bitbo.io/halving/