@d12321 24 January 2023 more from that month

What is a bitcoin halving? ⛏ Since the launch of the Bitcoin blockchain in 2009, miners have been rewarded with 50 BTC for each block mined. Then this figure was reduced by 2 times as a result of halving, and so on several more times, until the current reward was 6.25 BTC. In 2024, the fourth halving will take place, after which the reward for miners will be 3,125 BTC. And all hodlers are waiting for the price to rise, both before the event itself and a new high after it 🤑 Halving (halving) is a programmed limitation of the emission of cryptocurrency by reducing the number of new coins mined by miners for each block. Bitcoin halving takes place every 210,000 blocks, approximately every 4 years. Each time the reward for the mined block is reduced by 2 times. The next halving will take place in the spring of 2024, the exact date depends on the speed of the miners. And a complete stop of the emission of the first cryptocurrency will occur in 2140, after which the miners will receive remuneration only in the form of commissions for transactions. Historically, after each halving, Bitcoin updated ATH, which is also called a four-year cycle. This price behavior is explained by a decrease in the supply of bitcoin on the market as a result of a reduction in emission. On the contrary, demand is growing, because every day more and more people learn about cryptocurrencies and decide to invest in them. Save so you don't forget #field