Wednesday, June 30, 2021

What's the deal with Bitcoin Halvings?

If you're new to crypto, you may be wondering what the fuss about Bitcoin "halvings" is about.

Simply put: a bitcoin halving event is when the reward for mining bitcoin transactions is cut in half. This cuts down inflation and as a result, has always correlated with a boom in price.

The last halving was in May 2020, and the next is expected in 2024.

Check out our blog post from just before the last halving occurred... although some things have changed (such as China's grip on Bitcoin mining), the fact remains that each time the miner reward is cut by 50%, you can expect $BTC to become more valuable. As good a reason as any to HODL.


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