Tag Archives: Why It Matters

What Is Bitcoin Halving? Definition, How It Works, Why It Matters

cryptocurrency

What Is Bitcoin Halving? The Bitcoin Halving is when Bitcoin’s mining reward is split in half. It takes the blockchain network about four years to open 210,000 more blocks, a standard set by the blockchain’s creators to continuously reduce the rate at which the cryptocurrency is introduced. The first reward was 50 bitcoin. Previous halving dates were: Nov. 28, 2012, …

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