Halving
A halving, or halvening, is when the payout for mining new blocks is cut in half. Halvings occur at regular periods. It takes approximately four years for Bitcoin’s block reward to be halved.
Halving is a system that aims to solve the problem of bitcoin emission. it does this by automatically raising block rewards after a set period of blocks.
What exactly is halvening?
During a halvening, block subsidies or incentives for...