How The Bitcoin Halving Directly Benefits Holders

28 days ago
3

In this video we explain what the Bitcoin Halving is, and why its important. These halvings are pre-programmed into Bitcoin's blockchain software and happen once every 210,000 blocks mined.

Happening Today, April 19, 2024 - 4 hours from now, at block 840,000

Bitcoin has a capped total supply of 21 million coins. The Bitcoin halving is an event that occurs approximately every four years, where the reward for mining new blocks is halved, decreasing the rate at which new bitcoins are created. This process slows the issuance of new coins and is intended to help control inflation and prolong the distribution of the total supply.

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