WHAT IS BTC HAVING :

The Bitcoin halving is a programmed event that occurs approximately every four years, or after every 210,000 blocks are mined. During a halving, the reward that miners receive for validating transactions and adding new blocks to the blockchain is reduced by half. This event is encoded in the Bitcoin protocol to control the supply of new bitcoins, ultimately aiming to limit the total number of bitcoins that will ever be mined to 21 million.

The most recent Bitcoin halving occurred in May 2020, reducing the block reward from 12.5 to 6.25 bitcoins. The next halving is expected to take place around the year 2024. Historically, Bitcoin halvings have been associated with increased attention, speculation, and, in some cases, positive price movements. The concept is rooted in the basic economic principle of limited supply, potentially leading to increased demand and, consequently, upward pressure on the price of Bitcoin.

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