Halving
A halvingA halving is a pre-programmed event that occurs every few years in the Bitcoin network. It involves reducing the mining reward that Bitcoin miners receive... is a pre-programmed event that occurs every few years in the BitcoinBitcoin is like a digital treasure that you can use to buy things online. It's like having a secret code that only you know, and... network. It involves reducing the miningCrypto mining is the process of validating transactions and creating new units of cryptocurrency through solving complex cryptographic puzzles using computer hardware. Anyone with access... reward that Bitcoin miners receive for verifying transactions by 50%. This event is designed to control the issuance of new Bitcoins and to ensure that the supply of Bitcoin is limited. The last Bitcoin halving occurred on May 11, 2020, and the next one is expected to occur around April or May 2024.