Beginner
Halving
Also: halvings, halvening
The scheduled event, about every four years, when Bitcoin's block reward is cut in half.
Halvings are written into Bitcoin’s code: every 210,000 blocks, roughly every four years, the block rewardBlock reward The newly created coins paid to whoever adds a block, on top of transaction fees. drops by half. Each one slows the creation of new bitcoin and squeezes miners who can’t cut costs. Many people also watch halvings for their effect on price, but the relationship isn’t guaranteed.