What ‘Bitcoin Halving’ Means (and Why It Matters) ...Middle East

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What ‘Bitcoin Halving’ Means (and Why It Matters)
Bitcoin, the world's first and largest cryptocurrency, has a unique feature called "halving" that occurs roughly every four years. The Bitcoin halving event is a hotly anticipated occurrence in the crypto world, and with the next one expected to take place in April 2024, it's a good time to get up to speed.What is Bitcoin halving?Bitcoin (BTC) halving is a pre-programmed event in the Bitcoin protocol that reduces the reward for mining new Bitcoin blocks by half. When Bitcoin was first created, the reward for mining a new block was 50 BTC. However, after every 210,000 blocks (approximately every four years), this reward is cut in half.The first Bitcoin halving took place in November 2012, red

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