Bitcoin's 'halving': what is it and does it matter?


by ETtech.com

ETtech.com— Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high of $73,803.25 in March. But what exactly is the halving, and does it really matter? WHAT IS IT? The halving, which happens roughly every four years, the latest of which is expected this week, is a...

International Business Times UK—What Is Bitcoin Halving: When Is It and Do I Buy Bitcoin Before or After Halving?. Bitcoin halving is a significant event that occurs roughly every four years, marking a gradual slowdown in the Bitcoin production rate; this is done to maintain a maximum limit of 21 million Bitcoin tokens. Around 19 million Bitcoin tokens are circulating, with the limit expected to be exhausted by 2140.The halving event plays a vital role in the Bitcoin market, often leading to a rally before the event. This year, prices were boosted by the U.S. Securities and Exchange Commission's decision to...

WTOP—Bitcoin’s latest ‘halving’ has arrived. Here’s what you need to know. NEW YORK (AP) — The “miners” who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the world’s largest cryptocurrency, again. Bitcoin'

www.theyeshivaworld.com—Bitcoin’s Next ‘Halving’ Is Right Around The Corner. Here’s What You Need To Know. Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in half. That could have a lot of implications, from the price of the asset to the bitcoin miners […]