#Bitcoin halving is like a major scheduled event, awaited by the entire crypto community.
It happens approximately every four years, when the reward given to miners is cut in half for every 210,000 blocks added to the blockchain.
This means that miners receive fewer bitcoins for their work, which in turn reduces the currency's inflation rate. This historical phenomenon has been linked to an increase in the price of Bitcoin, as a reduction in the supply of new coins often creates an increase in demand.
The next HALVING is scheduled for 2024, when the miner reward will be reduced from 6.25 to 3.125 bitcoins per block. Get ready for a new wave of expectations and speculation when that moment arrives!
