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BitCoin halving explained
1 year ago
46
Bitcoin Halving Explained: Every 4 years, the reward for mining new Bitcoin blocks gets cut in half. This event, known as the "halving," is hard-coded into Bitcoin's protocol to control its supply and inflation rate over time. During each halving, the number of new Bitcoins entering circulation slows down, potentially increasing scarcity and driving up prices. This video explores the concept of Bitcoin halving, its impact on miners and the overall cryptocurrency market, and what to expect from the next halving event. Get insights into this crucial mechanism that ensures Bitcoin's long-term sustainability and value.
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