Halving - definition - Decentralized Finance News
Momennakib25 Mar, 2024Business
In the context of Bitcoin, for example, halving Bitcoin occurs approximately every four years, or more precisely every 210,000 blocks mined. Initially, the reward for mining a block was 50 bitcoins. During the first halving in 2012, this reward was halved to 25 bitcoins. Then, at the second halving in 2016, the reward dropped to 12.5 bitcoins.
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