Bitcoin Halving

Bitcoin Halving is an event that occurs approximately every four years and prevents coin inflation while halving the reward for miners for a mined block. 

 

One of the most important features of Bitcoin is that it has a fixed supply of 21 million coins. After all of them are received, further mining will become impossible. This makes the nature of BTC scarce - which differs the asset from fiat currencies, which are printed regularly. Controlling inflation is one of the reasons why everyone expects Bitcoin to progressively increase in value. 

Halving history: 11.28.2012, 07.09.2016, 12.05.2020, 2024, 2028.

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Tags #Bitcoin #Blockchain #Crypto Glossary