- A. What is the Bitcoin halving?
2. The event takes place every four years, according to pre-set rules in Bitcoin's code.
- B. A brief history
2. 2012 – The first Bitcoin halving reduces mining rewards to 25 BTC.
3. 2016 – In the second halving, mining rewards go down to 12.5 BTC.
4. 2020 – In the third halving, mining rewards drop to 6.25 BTC.
5. 2140 – The 64th and last halving occurs and no new Bitcoin are created.