As of January 2024, there have been three significant events known as halvings in the Bitcoin network.
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DavideFri Dec 27 2024
The first halving occurred on November 28, 2012. This event marked a crucial change in the Bitcoin protocol.
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TommasoFri Dec 27 2024
During the first halving, the number of new Bitcoin created per block was reduced from 50 to 25. This adjustment aimed to control the supply of Bitcoin over time.
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emma_carter_doctorFri Dec 27 2024
The second halving took place on July 9, 2016. This event further decreased the number of new Bitcoin generated per block.
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ElenaThu Dec 26 2024
Specifically, the second halving lowered the Bitcoin reward per block from 25 to 12.5. This step continued the process of managing the cryptocurrency's supply.