What is Bitcoin Halving?
Bitcoin Halving is a pre-programmed event that cuts the block reward paid to miners in half approximately every four years, reducing the rate at which new Bitcoin is issued.
Bitcoin Halving Explained in Simple Terms
Every 210,000 blocks (~4 years), the reward miners receive for each block is cut in half. This controls Bitcoin's supply and is built directly into the protocol.
Bitcoin Halving occurs every 210,000 blocks and reduces the block subsidy by 50%.