Btc halving means when the btc price become half down then the mining company called it btc halving and its made the price go up soon
But
everyone said this may btc halving already occurred and it's effects going on it price increase around 5k to almost 10k..then do you think this time halving don't occur
It could be a possibility or influencer as it is getting difficult to verify a transaction block. We might also say that there are less miners count and more transactions queued.Could it be possible that the halving is the one responsible for the rise in the transaction fee?
If mining and the reward become reduce I guess this could be responsible for hike on Bitcoin price.
The halving is an intrinsic property of the Bitcoin system and satashi nakamoto introduced to keep the price of Bitcoin regulated. So after every 4 years the maximum amount of bitcoin you can mine in a given time becomes half as of the past years. That is as much simple as I can get it to beHello all, I am kinda confused that what actually is Bitcoin Halving. I tried looking up different articles, it is complicated for me to understand, can someone explain in easy words what the hell is this? And why it occurs after 4 years? Any guide will be helpful for me to understand this concept.
This is actually to regulate the price of bitcoin and also to control the volume of bitcoin left unmined and the ones in circulation. The higher the number of halvings the harder it will become to mine bitcoin.The halving is an intrinsic property of the Bitcoin system and satashi nakamoto introduced to keep the price of Bitcoin regulated. So after every 4 years the maximum amount of bitcoin you can mine in a given time becomes half as of the past years. That is as much simple as I can get it to be
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