#halving

Bitcoin Halving in Simple Terms

What: Bitcoin halving is an event that happens roughly every four years, cutting the reward that Bitcoin miners receive for confirming transactions in half.

Why: It's designed to make sure that Bitcoin isn't created too quickly, keeping it rare like gold.

Impact: Halving reduces the number of new Bitcoins entering circulation, which can increase their value over time.

History: There have been three halvings so far, each time reducing the reward miners get for each block they mine.