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A halving – sometimes referred to as halvening – is a planned reduction in rewards miners receive (the term is mentioned in Bitcoin’s code). Halvings happen once every four years or so – more precisely, every 210,000 blocks of transactions. As the name suggests, each one cuts the amount of Bitcoin miners receive per block reward in half. At Bitcoin’s launch in 2009, miners received 50 Bitcoin per block, but that reward was reduced to 25 in the first halving, in 2012, to 12.5 in 2016, 6.25 tokens in 2020 and is scheduled to drop to 3.125 coins in 2024. Next bitcoin halving date Regardless of what happens around the Bitcoin halving, there’s only one way to make the most of it and that’s by buying Bitcoin and investing in a curation of the best digital assets on Europe’s first NASDAQ listed digital assets platform.
A Bitcoin halving is when mining rewards are halved, which happens after every 210,000 Bitcoin blocks have been added to the blockchain. By reducing the rewards of mining Bitcoin, the supply of new Bitcoin into the market reduces, allowing prices to potentially rise due to steady or increased demand in an asset with decreasing supply. NEXT, a new series by Yahoo Finance, debuts today at 10 a.m. ET Among the ETF filers is the biggest asset manager in the world, BlackRock, which has more than $8 trillion AUM. Approval of a spot Bitcoin ETF just before the halving would open doors for billions of dollars in fresh capital from traditional financial institutions. Many smart crypto investors have already started to accumulate Bitcoin, anticipating a spot ETF approval in the coming months.
It’s not really possible to predict exactly when a Bitcoin halving event will happen. Essentially, a halving takes place every 210,000 blocks, which has typically taken around four years to materialize in the past. If this trend continues, the previous four-year window (2012 halving, 2016 halving, and 2020 halving) will remain intact. That said, we could see this halving sooner, with some calling for a late-2023 date, potentially. There is a storm brewing on the horizon, and most people don’t even see it coming. That storm is Bitcoin, and it is about to change… On average, therefore, a halving has occurred every 1,382 days to date, or just under three years and ten months. Estimating the date of the next halving
Lastly, Halvings provide predictability to the Bitcoin blockchain. In contrast to fiat currencies like the U.S. dollar, Bitcoin's inflation rate is transparent and consistent. Knowing that block rewards halve every four years allows everyone in the Bitcoin ecosystem to plan accordingly. These Halving events present a clear inflation schedule, instilling confidence in investors, miners, and other market participants. Bitcoin Halving Halving causes the shrink of the bitcoins produced via mining. Fewer BTC coins appear on the market. As new bitcoins are getting increasingly scarce, their price is expected to grow. BTC halving has profound meaning for the entire crypto market.
