Infographic Of The Day: Bitcoin Halving

   2021-03-30 10:03




posted on 30 March 2021

Bitcoin halving is often referred to as “Halvening”, it’s a formulated reduction in the reward coins offered to the miners using a predefined blockchain algorithm. Bitcoin halvings take place once in every four – 4 years approximately, or for every 210,000 block transactions. The process of halvening started in the year 2012, approximately after 4 years of the invention of bitcoin i.e 2008, but practically bitcoins came into play in the year 2009.

[click here to enlarge infographic]

Source:
https://winbtc.net/bitcoin-halving/

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