Summary:
Bitcoin halving is one of the most anticipated events in the digital currency market. This article will delve into the background, mechanism, and historical trends of Bitcoin halving to help investors better understand and respond to this important event.

1. What is Bitcoin halving?
Bitcoin halving is an inherent mechanism of the Bitcoin protocol that is designed to control the issuance rate of Bitcoin and bring it closer to a scarce resource. Specifically, the mining reward is halved every time the Bitcoin network generates 210,000 blocks. This means that the Bitcoin reward received by miners is halved, thereby limiting the growth rate of Bitcoin supply. Historically, Bitcoin halving events have attracted widespread attention and heated discussions in the market.