Bitcoin Halving Day Highly Awaited by Crypto Asset Investors, Why? #dyor #BTC #halving

About once every four years, crypto asset investors encounter a phenomenon called Bitcoin Halving Day. Halving day is highly anticipated and is the key to success for crypto asset investors.

Halving day is an event where the prize (reward block) in the crypto protocol is reduced by half or 50%. This means the number of new coins created as a reward for miners is halved.

The first halving day in crypto assets was carried out by Bitcoin. The first halving day that occurred in Bitcoin crypto assets in 2012 was marked by a reduction in the reward for Bitcoin miners to 25 bitcoins.

then the next halving will occur in 2024 with a miner reward of 3,125 BTC.