tldr; Bitcoin is approaching its fourth halving event, or the fourth protocol-designed 50% reduction in block rewards that happens every 210,000 blocks or around every four years. Halving events are important because they reduce the rewards issued to miners for mining Bitcoin, i.e. confirming new transactions and introducing new coins into circulation.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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