The Bitcoin halving is a significant event in the world of cryptocurrency, yet it remains a mystery to many. Occurring approximately every four years—or more precisely, every 210,000 blocks—this event has profound implications on the entire Bitcoin network and its community. Here’s a straightforward breakdown of what Bitcoin halving is, why it happens, and how it might affect the Bitcoin ecosystem. What is Bitcoin Halving? The Bitcoin halving refers to the reduction of the block reward that miners receive for validating new blocks of transactions on the Bitcoin blockchain. Essentially, this is the process through which new Bitcoins are introduced

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