Tag: block reward reduced

When Is The Next Bitcoin Halving After 2020

Bitcoin halving is a term used in the cryptocurrency world that refers to the event that happens when the reward given to miners for verifying bitcoin transactions is cut in half. The first halving occurred on July 9, 2012, when the reward went from 50 BTC to 25 BTC. The second halving is scheduled to […]

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 […]