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 […]
When Is The Bitcoin Halving
The bitcoin halving is a process that reduces the amount of new bitcoin created every 10 minutes. The bitcoin halving occurs every 210,000 blocks and the next one is expected to happen in mid-2020. The first bitcoin halving occurred on November 28, 2012, when the reward for mining a block was reduced from 50 bitcoins […]
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What Is The Bitcoin Halving
The bitcoin halving is a process that reduces the amount of new bitcoins created every 10 minutes. The name comes from the fact that the block reward, which is the amount of new bitcoins created, is cut in half every 210,000 blocks. The first halving took place on November 28, 2012, when the reward went […]
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15 Min
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What Does It Mean When Bitcoin Halves
What does it mean when Bitcoin halves? Bitcoin halves every four years in order to control its supply and prevent inflation. The next halving event is scheduled for July 2020. When Bitcoin halves, the amount of new bitcoin created every day is reduced from 12.5 to 6.25. This means that the overall supply of bitcoin […]
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20 Min
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