The Bitcoin halving is an event where the reward for mining a new block in the Bitcoin network is approximately halved. This happens roughly every 210,000 blocks, which is about once every four years. The reduction in the mining reward has a direct impact on the supply of bitcoins, making it a more scarce asset.

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Previous Bitcoin halvings occurred in 2012 and 2016. The most recent halving took place in May 2020, when the mining reward was reduced from 12.5 to 6.25 bitcoins per block.

The Bitcoin halving is in 37 days. This is an important event that is typically accompanied by an increase in the price of Bitcoin. The reduction in supply, coupled with sustained or increased demand, often leads to an appreciation in its value.