Understanding the Bitcoin Halving 2024: What You Need to Know
What is the Halving? The concept of Bitcoin halving was built into the original code by Satoshi Nakamoto, the mysterious creator of Bitcoin. This mechanism ensures that there will only ever be 21 million bitcoins in existence, making it a deflationary asset. Every time 210,000 blocks are mined (which takes approximately four years) the reward for miners is cut in …