🍫Bitcoin Halving: A Sweet Analogy! 🍬

Let's break down the intricacies of #BitcoinHalving in a simple, chocolaty way!

Imagine your box of chocolates 🎁. Each time you share, you halve the stash. Bitcoin halving works similarly. With a fixed supply, every four years, the creation of new Bitcoins for miners gets cut in half.

Initially, let's say 10 Bitcoins are created every 10 minutes. Halving hits, and it becomes 5, then 2.5, and so forth. This process ensures a gradual slowdown in new Bitcoin circulation, akin to your dwindling chocolate supply.

Fun Fact: First halving was in Nov 2012 (50 to 25 Bitcoins), second in Jul 2016 (25 to 12.5), and the latest in May 2020 (12.5 to 6.25).

In essence, Bitcoin halving is like a scheduled event, strategically managing the creation of new Bitcoins, making them rarer over time. 🔄🍫

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