🧠 Crypto Glossary – Day 34
🪓 Halving
It is a scheduled event where the reward for mining blocks in a cryptocurrency is cut in half. This limits the issuance of new tokens and can impact the price.
📌 Example:
In Bitcoin, the halving reduces the reward for mined blocks from 12.5 to 6.25 $BTC , decreasing the amount of new BTC in circulation.
📚 Did you know? Now you do.
Follow the series and learn crypto without smoke or twists.
One concept a day and getting less noob each time! 😎🚀
