what happens when bitcoin splits

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What happens after Bitcoin halving?

After the halving, the rate of issuance of new bitcoin as well as the rewards for successful bitcoin miners are cut in half. There can only be 21 million bitcoin, and fewer new tokens entering circulation could impact bitcoin prices. That's why the halving is watched closely by miners and investors alike. What Happened At This Halving?

What happens if bitcoin is halved?

At the halving, the amount of bitcoin available as rewards for miners is cut in half. This makes mining less profitable and slows the production of new bitcoins. (For a visual explanation of how blockchain works, click here .) WHEN WILL IT HAPPEN? There is no set date, but it is expected to take place in late April.

When will bitcoin halve?

Bitcoin last halved on April 19, 2024, resulting in a block reward of 3.125 BTC. The final halving is expected to occur in 2140, when the number of bitcoins circulating will reach the theoretical maximum supply of 21 million. To understand a Bitcoin halving, you must first know how the Bitcoin network operates.

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