A Bitcoin halving ?is the regular halving of miner rewards on the Bitcoin blockchain, and this happens after every 210,000 blocks (approximately four years).? The first of which happened in 2012, and the next will occur in 2024.
On Bitcoin’s network, nodes are responsible for storing data and completing the complex computational workloads required by the Proof of Work consensus mechanism.
Only twenty-one million bitcoins can be mined (approximately two million remain unmined). Every time approximately 200,000 extra coins are mined, the quantity of Bitcoin rewarded to miners is halved to control inflation.
Q: What is Bitcoin Halving?
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