Cryptocurrency Q&A
Is Bitcoin halved every 4 years?
Is Bitcoin halved every 4 years?
GwanghwamunGuardianAngel
Wed Dec 25 2024
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7 answers
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I'm wondering if Bitcoin undergoes a halving process every 4 years. I've heard about this concept and I'm curious to know if it's a regular occurrence or if there's more to it.
7 answers
Andrea
Thu Dec 26 2024
The Bitcoin halving is a significant event in the cryptocurrency world.
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GalaxyWhisper
Thu Dec 26 2024
Specifically, the reward given to these contributors is cut by 50%.
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CryptoWarrior
Thu Dec 26 2024
As a result, the rate at which new Bitcoins enter circulation decreases.
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Sofia
Thu Dec 26 2024
It occurs every four years, marking a crucial point in the Bitcoin network's operation.
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Eleonora
Thu Dec 26 2024
On the halving day, the number of new Bitcoins created is reduced by half.
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