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Halving, or halving, is a key point in the economics of many cryptocurrencies based on the Proof-of-Work protocol, such as Bitcoin. This event occurs approximately every four years and represents a planned reduction in the reward that miners receive for adding a new block to the blockchain.
**How does halving work?**
Halving halves the number of new coins issued into circulation. This event is embedded in the source code of the cryptocurrency and is triggered after a certain number of mined blocks. For example, for Bitcoin, a halving occurs every 210,000 blocks.
Why is halving important?**
Hal
**How does halving work?**
Halving halves the number of new coins issued into circulation. This event is embedded in the source code of the cryptocurrency and is triggered after a certain number of mined blocks. For example, for Bitcoin, a halving occurs every 210,000 blocks.
Why is halving important?**
Hal
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