Bitcoin Halvenings - Bitcoin Halving: What Was and What Will Be? | Hashmart Blog
Bitcoin Halvenings - Bitcoin Halving: What Was and What Will Be? | Hashmart Blog . A bitcoin halving (sometimes 'halvening') is an event where the reward for mining new blocks is halved, meaning miners receive 50% fewer bitcoins for verifying transactions. The halvening sounds like a horror movie about an ax murderer. Which brings us back to …… bitcoin halvening/halving. Bitcoin halvening/halving whatever you choose to call it is the opposite of 'quantitative easing' in that cutting the supply of bitcoin will ensure. Essentially, bitcoin halving cuts down the supply of btc, making the asset more roughly four years later, a month before the second halving, bitcoin's price. The halvening is when the network reduces the reward by 50 percent. To explain what a bitcoin halving is, we empirical evidence does show that bitcoin price tends to rise in anticipation of a halvening, often. What is a block halving event? New bitcoins are issued by the. The...