Btc information

Bitcoin halving events are one of the most notable features of the Bitcoin network and occur every 210,000 blocks, or approximately every four years. This event means that the amount of Bitcoin miners earn when they create new blocks is halved. This mechanism, determined by Bitcoin's founder Satoshi Nakamoto, was designed to ensure that the total supply is limited to 21 million and to keep Bitcoin's inflation rate under control.

Bitcoin's first halving occurred on November 28, 2012, and mining rewards dropped from 50 BTC to 25 BTC per block. After this event, there was a significant increase in the price of Bitcoin. The second halving occurred on July 9, 2016, and rewards were reduced from 25 BTC to 12.5 BTC. This halving also causes an increase in Bitcoin price.