Halving is a change in Bitcoin's underlying blockchain technology designed to reduce the rate at which new Bitcoins are created. At halving, the amount of Bitcoins available as rewards for miners is cut in half, which makes mining less profitable and slows the production of new Bitcoins. Several Bitcoin enthusiasts say that Bitcoin's scarcity gives it value.
short by
Ankush Verma /
09:46 pm on
19 Apr