What is Bitcoin Halving? | How does it affect you?
Every four years, something big happens in the world of crypto — it’s called Bitcoin Halving. But what does that mean? Let’s break it down simply.
📉 The Basics: What Is Halving?
Bitcoin halving is when the reward for mining Bitcoin is cut in half. This happens roughly every 210,000 blocks — about every 4 years. The last halving took place in April 2024, and the next one is expected in 2028.
Originally, miners received 50 BTC per block. Now? They only get 3.125 BTC. After the next halving, it’ll be 1.5625 BTC.