$BTC #Bitcoin The Bitcoin halving is a significant event in the cryptocurrency world. It refers to the reduction of the block reward given to Bitcoin miners by half, which occurs approximately every four years. The purpose of this event is to control the supply of Bitcoin and mimic the scarcity and deflationary characteristics of precious metals like gold.

The last Bitcoin halving occurred on May 11, 2020, when the block reward was reduced from 12.5 to 6.25 BTC per block. The next halving is expected to happen in April 2024, and the reward will drop from 6.25 BTC to 3.125 BTC per block¹². This event is anticipated with great interest as it has historically influenced the price of Bitcoin, often leading to an increase in value due to the reduced rate of new Bitcoin entering the market.

As of March 2024, about 19.65 million bitcoins are in circulation, leaving just around 1.35 million to be released via mining rewards². The final halving is projected to occur in 2140, at which point the total number of bitcoins in circulation will reach the maximum supply limit of 21 million².

If you're interested in the implications of the Bitcoin halving for mining or investment, it's important to consider the potential impact on Bitcoin's price and the profitability of mining post-halving. Historically, the halving has been associated with periods of increased price volatility and has been a catalyst for previous bull runs in the cryptocurrency market.

Source : conversation avec Bing, 18/04/2024

(1) Next Bitcoin Halving 2024 Date & Countdown [BTC Clock]. https://bitbo.io/halving/.

(2) What Is Bitcoin Halving? Definition, How It Works, Why It Matters. https://www.investopedia.com/bitcoin-halving-4843769.

(3) The Bitcoin Halving: Everything you need to know - Coinbase. https://www.coinbase.com/bitcoin-halving.