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Crypto glossary: What does “Bitcoin Halving” mean?



The Bitcoin Halving is the procedure of reducing the mining rewards on a blockchain. This occurs once every 4 years for the Bitcoin network or approximately the time it takes to mine 210,000 blocks. Starting at 50, the Bitcoin reward Halved to 25 in 2012, then halved again to 12.5 in 2016. 6.25 in April 2020…

More information:

Bitcoin Halving Countdown: 

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