$BTC #Halving

EXTRAORDINARY EVENT - FIND OUT WHAT Bitcoin Halving Is:

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What is Halving: Bitcoin Halving is an event in which the reward that miners receive for adding new blocks to the blockchain is halved. Initially, when Bitcoin was launched in 2009, miners were rewarded with 50 bitcoins per block mined. After the first halving in 2012, this reward was reduced to 25 bitcoins per block.

In the second halving in 2016, the reward dropped to 12.5 bitcoins per block. And so on. The halving is currently set at 6.25 bitcoins per block, following the last halving in May 2020.

Goal of Halving: The goal of Bitcoin Halving is related to its monetary policy. By halving the reward given to miners, the halving controls the inflation rate of the Bitcoin supply.

This means that the supply of new bitcoins is limited and predictable. At the same time, demand for Bitcoin continues to grow, which, according to basic economic theory of supply and demand, could potentially lead to an increase in price.

Future Expectations: As the halving is scheduled to occur approximately every four years and the last bitcoin issuance is expected to occur in 2140, the halving will continue to be an important event in the Bitcoin ecosystem for decades to come.

However, as time passes and the supply of new bitcoins becomes increasingly limited, it is expected that the impact of the halving on the price and security of the network may be different.

In summary, the Bitcoin Halving is a key event in Bitcoin's economic and technical trajectory, designed to predictably control its supply and potentially affect its price and network security.