A Bitcoin halving is a process that occurs every 210,000 blocks mined on the Bitcoin network, which is approximately every four years. During this process, the reward for mining new blocks is cut in half, which means that miners receive 50% fewer bitcoins for verifying transactions.
The halving is an important event for investors because it reduces the number of new bitcoins generated by the network. This limits the supply of new coins, so prices could rise if demand remains high. However, the circumstances surrounding each halving are different, and the demand for Bitcoin can fluctuate significantly.
The most recent Bitcoin halving occurred on May 11, 2020, when the reward for mining new blocks was reduced from 12.5 to 6.25 bitcoins. The next halving is expected to occur in 2024.
Origen: Conversación con Bing, 14/11/2023
