FintechZoom.Com Bitcoin Halving

Bitcoin halving is a crucial event in the world of cryptocurrencies that has a significant impact on investors and miners alike. It’s a process built into the Bitcoin protocol that occurs approximately every four years. During this event, the reward for mining new Bitcoin blocks is cut in half. This mechanism was introduced by Bitcoin’s creator, Satoshi Nakamoto, to control the supply of Bitcoin and maintain its scarcity, similar to precious metals like gold.