In July 2020, the next halving event will take place in the Bitcoin network. This is a key moment for the digital asset, as it will see the mining reward for each block mined reduced from 12.5 BTC to 6.25 BTC. Bitcoin halves every four years and this event is often seen as a key […]
How Does Bitcoin Halving Work
The Bitcoin network has a built-in feature that halves the number of bitcoins awarded to miners every four years. This feature is designed to control the supply of bitcoin and, as a result, keep prices stable. The first bitcoin halving occurred in 2012, when the reward for mining a block was cut in half from […]
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