Happening every four years, Bitcoin halving is an event that occurs in the Bitcoin network where the reward for successfully mining new blocks is halved at regular intervals. A halving event lowers the reward Bitcoin miners receive for validating transactions by 50%, slowing the rate at which new Bitcoins enter the market.
When was the 1st $BTC halving, When will be the next halving and when will be the last halving?
1st having - 2012, followed by 2016, then 2020. Next halving will be 2024 (This Year) Last having will be 2140. Note: It happens every four years.
What is its implications on $BTC price? Theoretically, halving creates $BTC scarcity leading to increased demands. Hence, the price of $BTC increases during this period .
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