{"id":4886,"date":"2021-07-14T10:18:09","date_gmt":"2021-07-14T10:18:09","guid":{"rendered":"https:\/\/3.26.50.104\/?page_id=4886"},"modified":"2021-08-05T04:36:50","modified_gmt":"2021-08-05T04:36:50","slug":"what-is-a-bitcoin-halving","status":"publish","type":"page","link":"http:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/","title":{"rendered":"What is a Bitcoin halving?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"4886\" class=\"elementor elementor-4886\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-803fa49 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"803fa49\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d244bf5\" data-id=\"d244bf5\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1848609 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1848609\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6725155\" data-id=\"6725155\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d28dcd5 elementor-widget elementor-widget-html\" data-id=\"d28dcd5\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<a style=\"color: #FFFFFF; \" href=\"javascript:history.go(-1)\" onMouseOver=\"self.status.referrer;return true\">\u2190 Back<\/a>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fff2bb elementor-widget elementor-widget-heading\" data-id=\"6fff2bb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a Bitcoin halving?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-aecb602\" data-id=\"aecb602\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-82bb3e8 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"82bb3e8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"252\" height=\"182\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/07\/crypto_visual.png\" class=\"attachment-full size-full\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-637ecc9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"637ecc9\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-fbd9723\" data-id=\"fbd9723\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-45e459b elementor-widget elementor-widget-heading\" data-id=\"45e459b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Definition<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9fd3844 elementor-widget elementor-widget-text-editor\" data-id=\"9fd3844\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>A Bitcoin halving occurs roughly every 4 years and is when the reward for mining Bitcoin, (and thus the supply of newly produced Bitcoins entering circulation) is cut in half.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4ac5dc5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4ac5dc5\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6e09303 before-icon-bi\" data-id=\"6e09303\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f977fd4 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"f977fd4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"66\" height=\"109\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/location.png\" class=\"attachment-large size-large\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bf332b elementor-widget__width-auto elementor-widget-mobile__width-auto elementor-widget elementor-widget-heading\" data-id=\"5bf332b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Understanding Bitcoin Halvings\n<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d87b44 elementor-widget elementor-widget-text-editor\" data-id=\"3d87b44\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Bitcoin halvings are an event that pseudonymous creator of Bitcoin, Satoshi Nakamoto, built into the system to give Bitcoin the unique properties which makes it valuable in a way that normal fiat currency is not.\u00a0\u00a0<\/p><p>In a nutshell, <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-blockchain\" target=\"_blank\" rel=\"noopener\">Bitcoin\u2019s network<\/a> is kept secure by <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Bitcoin miners<\/a> who validate transactions and store them in \u2018blocks\u2019 in order to earn a <strong>\u2018block reward\u2019<\/strong> in the form of Bitcoin (aka <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Bitcoin mining<\/a>).<\/p><p>After every 210,000 blocks of transactions are mined, or roughly every four years, the block reward given to Bitcoin miners for validating transactions is <strong>cut it<\/strong> <strong>half<\/strong>, which:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c83b4e list-bg-bi elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"5c83b4e\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Halves the rate at which new Bitcoin is released into circulation, limiting its supply (of which there will only ever be 21 million in existence, unlike fiat currency which is infinite) <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Combats inflation, theoretically making the value of Bitcoin rise over time (also unlike fiat, which decreases in value due to rising prices of goods &amp; services and money being constantly printed to keep up)<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eee82c2 elementor-widget elementor-widget-heading\" data-id=\"eee82c2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Isn\u2019t this bad for miners? <\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba80bc8 elementor-widget elementor-widget-text-editor\" data-id=\"ba80bc8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>But you might ask, isn\u2019t this unfair to the miners? Aren\u2019t they still working hard to process transactions and now only getting paid half of what they used to? Not exactly.<\/p><p>As each Bitcoin halving event reduces Bitcoin\u2019s supply, historically this has led to a significant price increase in the value of Bitcoin, which is why Bitcoin halvings are commonly associated with the price of Bitcoin surging to dizzying new heights. When supply is diminished and demand stays the same or rises, the value of an asset will also rise, especially for a <strong>finite<\/strong> asset like Bitcoin.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8d5339 elementor-widget elementor-widget-heading\" data-id=\"a8d5339\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">The halvings<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa2df6c elementor-widget elementor-widget-text-editor\" data-id=\"aa2df6c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Since Bitcoin began in 2009, there have been <strong>3<\/strong> halving events.<\/p><ul><li>The initial reward was 50BTC per block<\/li><li>This halved to 25BTC per block in 2012<\/li><li>Then it halved again to 12.5BTC in 2016<\/li><li>And finally it halved to 6.25BTC per block in May of 2020<\/li><\/ul><p>The next halving is predicted to take place in 2024 and will keep occurring roughly every four years until around 2140 when there will be no more Bitcoin left to mine.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8bd2ba3 elementor-widget elementor-widget-heading\" data-id=\"8bd2ba3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Digital Gold<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33efc8f elementor-widget elementor-widget-text-editor\" data-id=\"33efc8f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Bitcoin is designed to simulate a commodity like gold whose <strong>limited supply<\/strong> has allowed it to maintain its value as an international medium of exchange and store of value for over 6,000 years. You can\u2019t say Satoshi Nakamoto wasn\u2019t thinking ahead!<\/p><p>If Bitcoins are created too quickly there will be so many in circulation that they will have very little value (similar to how printing money devalues it).<\/p><p>This is one of the major differences between <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-cryptocurrency\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and fiat currency. USD, GBP and AUD are <strong>inflationary<\/strong>, whereas Bitcoin is designed to be <strong>deflationary<\/strong>.<\/p><p>For miners it\u2019s worth continuing to play \u00a0the game because even though the reward for mining decreases, the value of Bitcoin, in theory, should increase. Put simply, <strong>Bitcoin is valuable by design<\/strong>.<\/p><p>The <strong>maximum supply<\/strong> of Bitcoin is 21 million. This predetermined number makes Bitcoin scarce, and this scarcity combined with Bitcoin\u2019s utility is what largely influences the currency\u2019s market value. As of May 2021, there were more than 18.7 million\u00a0 Bitcoins in circulation. This means just under 2.3 million\u00a0 Bitcoin are left to be released through mining rewards, which will run out around 2140.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3fa9713 elementor-widget elementor-widget-heading\" data-id=\"3fa9713\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">The relationship between halvings and Bitcoin\u2019s price <\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-729ad68 elementor-widget elementor-widget-text-editor\" data-id=\"729ad68\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>While Bitcoin\u2019s price depends on a number of factors, halving events have historically led to <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-a-bull-bear-market\" target=\"_blank\" rel=\"noopener\"><strong>massive bull runs<\/strong><\/a> for Bitcoin in the following months, consistently taking the digital currency to new all-time-highs.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-986f9c0 list-bg-bi elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"986f9c0\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>First halving<\/b>: Upon the first halving in 2012, the price of bitcoin was around $11. By the end of the year, the price increased to $1,100.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>Second halving<\/b>: In 2016, the Bitcoin network completed 420,000 blocks, and the second halving occurred. Bitcoin hovered around $500-$1,000 for a few months before surging to $20,000 by the end of 2017.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><b>Third halving<\/b>: The third (and most recent) halving occurred in May 2020. When the halving occurred, Bitcoin was trading around $9,000. Just over a year later, in April 2021, Bitcoin made a whopping new all-time-high of $65,000 before levelling out as it has done in previous bull markets. <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5292412 elementor-widget elementor-widget-text-editor\" data-id=\"5292412\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Given the historical price action associated with Bitcoin halvings, it is safe to say that a lot of people will be preparing and eagerly waiting for the next halving in 2024.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c6b8bc elementor-widget elementor-widget-heading\" data-id=\"0c6b8bc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">What happens when all 21 million Bitcoins have been mined? <\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c141c6a elementor-widget elementor-widget-text-editor\" data-id=\"c141c6a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Good question. Well, the final Bitcoin halving, which will finish its 21 million supply, is set to occur in 2140. After this, no block rewards will remain so miners will be rewarded with fees from people using the network.<br \/><br \/>The competition to earn these fees is designed to continue incentivising miners to keep processing transactions and maintaining the network \u2013 who knows, maybe Bitcoin will be worth enough for this to still be lucrative?<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-397911c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"397911c\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9d4616f\" data-id=\"9d4616f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-878107f elementor-widget elementor-widget-image\" data-id=\"878107f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"241\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/illustration-body.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/illustration-body.png 680w, http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/illustration-body-300x106.png 300w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b4d4d6b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b4d4d6b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fd03b55\" data-id=\"fd03b55\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-eac0b1b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eac0b1b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-bf16f1a\" data-id=\"bf16f1a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-632f9b7 elementor-widget elementor-widget-heading\" data-id=\"632f9b7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Key Takeaways\n\n\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-200c7a4 list-bg-bi elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"200c7a4\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Bitcoin\u2019s network is kept secure by Bitcoin miners who earn a Bitcoin reward for validating transactions. <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">A Bitcoin halving is when the reward for mining Bitcoin is <b>cut in half<\/b>. It occurs roughly every <b>four years. <\/b><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Bitcoin halvings combat inflation and give Bitcoin the unique properties to be <b>deflationary <\/b>instead of <b>inflationary <\/b>like fiat currency.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Bitcoin halvings are commonly associated with a <b>massive surge<\/b> in the price of Bitcoin and a subsequent crypto bull market.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">There have been <b>3<\/b> halvings so far and the next halving is predicted to take place in 2024. <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Bitcoin has a maximum supply (like gold) of <b>21 million<\/b>, all of which will be mined by 2140.  <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f11d0e4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f11d0e4\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f8df688\" data-id=\"f8df688\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f06defe elementor-widget elementor-widget-image\" data-id=\"f06defe\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"464\" height=\"506\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/img2.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/img2.png 464w, http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/img2-275x300.png 275w\" sizes=\"auto, (max-width: 464px) 100vw, 464px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a96ff6 elementor-widget elementor-widget-heading\" data-id=\"6a96ff6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Did this answer your question?\n\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8dea3a4 elementor-widget__width-auto elementor-widget elementor-widget-shortcode\" data-id=\"8dea3a4\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\"><!-- LikeBtn.com BEGIN --><span class=\"likebtn-wrapper\"  data-identifier=\"page_4886\"  data-site_id=\"604d0dec943ec9c02d34b5d2\"  data-theme=\"custom\"  data-btn_size=\"28\"  data-icon_l=\"thmb7-u\"  data-icon_d=\"thmb7-d\"  data-icon_size=\"24\"  data-show_like_label=\"false\"  data-icon_like_show=\"false\"  data-counter_type=\"percent\"  data-tooltip_enabled=\"false\"  data-white_label=\"true\"  data-item_url=\"http:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/\"  data-item_title=\"What is a Bitcoin halving?\"  data-item_date=\"2021-07-14T10:18:09+10:00\"  data-engine=\"WordPress\"  data-plugin_v=\"2.6.36\"  data-prx=\"http:\/\/3.26.50.104\/education\/wp-admin\/admin-ajax.php?action=likebtn_prx\"  data-event_handler=\"likebtn_eh\" ><\/span><!-- LikeBtn.com END --><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-26c3d7f elementor-shape-circle elementor-grid-0 e-grid-align-center elementor-widget elementor-widget-social-icons\" data-id=\"26c3d7f\" data-element_type=\"widget\" data-widget_type=\"social-icons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-social-icons-wrapper elementor-grid\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-linkedin-in elementor-repeater-item-cc3d63b\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Linkedin-in<\/span>\n\t\t\t\t\t\t<i class=\"fab fa-linkedin-in\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-facebook elementor-repeater-item-b041fdf\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Facebook<\/span>\n\t\t\t\t\t\t<i class=\"fab fa-facebook\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-twitter elementor-repeater-item-82596f0\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Twitter<\/span>\n\t\t\t\t\t\t<i class=\"fab fa-twitter\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-telegram-plane elementor-repeater-item-6387ddb\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Telegram-plane<\/span>\n\t\t\t\t\t\t<i class=\"fab fa-telegram-plane\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a49b045 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a49b045\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-dc4448a\" data-id=\"dc4448a\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d393896 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"d393896\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ready to start trading the easy way ?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a17797 elementor-align-center gradiant-btn-bi elementor-widget elementor-widget-button\" data-id=\"4a17797\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-md elementor-animation-shrink\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Sign up with Digital Surge<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-578e4b8 elementor-widget elementor-widget-heading\" data-id=\"578e4b8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Simple. Safe. Stress-free<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cd5bcfe elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cd5bcfe\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-84060e4\" data-id=\"84060e4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4210ba8 elementor-widget elementor-widget-text-editor\" data-id=\"4210ba8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p><span style=\"color: #34c2e8;\"><a style=\"color: #34c2e8;\" href=\"#\">Digital Surge<\/a><\/span> is the easiest way for Australians to buy, <a href=\"#\"><span style=\"color: #34c2e8;\">sell &amp; store over 230+ cryptocurrencies<\/span><\/a>. With extremely low fees, a uniquely user-friendly interface and a customer-support team you can rely on, getting involved in crypto has never been easier. <a href=\"#\"><span style=\"color: #34c2e8;\">Sign up<\/span><\/a> today and enjoy safe, stress-free trading.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-47ff817 elementor-widget elementor-widget-text-editor\" data-id=\"47ff817\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p><i>Crypto-curious? The time you spend here will be the best investment you ever make.<\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6b73a67 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b73a67\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d1fc06b\" data-id=\"d1fc06b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9cd2b8e elementor-widget elementor-widget-heading\" data-id=\"9cd2b8e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Related articles\n\n\n\n\n\n\n\n\n\n\n\n\n\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-bc0d42f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bc0d42f\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-31d50bd\" data-id=\"31d50bd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f98bd98 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data-identifier=\"page_4886\"  data-site_id=\"604d0dec943ec9c02d34b5d2\"  data-style=\"\"  data-unlike_allowed=\"\"  data-show_copyright=\"\"  data-item_url=\"http:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/\"  data-item_title=\"What is a Bitcoin halving?\"  data-item_date=\"2021-07-14T10:18:09+10:00\"  data-engine=\"WordPress\"  data-plugin_v=\"2.6.36\"  data-prx=\"http:\/\/3.26.50.104\/education\/wp-admin\/admin-ajax.php?action=likebtn_prx\"  data-event_handler=\"likebtn_eh\" ><\/span><!-- LikeBtn.com END --><\/div>","protected":false},"excerpt":{"rendered":"<p>\u2190 Back What is a Bitcoin halving? Definition A Bitcoin halving occurs roughly every 4 years and is when the reward for mining Bitcoin, (and thus the supply of newly produced Bitcoins entering circulation) is cut in half. Understanding Bitcoin Halvings Bitcoin halvings are an event that pseudonymous creator of Bitcoin, Satoshi Nakamoto, built into the system to give Bitcoin the unique properties which makes it valuable in a way that normal fiat currency is not.\u00a0\u00a0 In a nutshell, Bitcoin\u2019s network is kept secure by Bitcoin miners who validate transactions and store them in \u2018blocks\u2019 in order to earn a\u2026<\/p>\n<div class=\"likebtn_container\" style=\"\"><!-- LikeBtn.com BEGIN --><span class=\"likebtn-wrapper\"  data-identifier=\"page_4886\"  data-site_id=\"604d0dec943ec9c02d34b5d2\"  data-style=\"\"  data-unlike_allowed=\"\"  data-show_copyright=\"\"  data-item_url=\"http:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/\"  data-item_title=\"What is a Bitcoin halving?\"  data-item_date=\"2021-07-14T10:18:09+10:00\"  data-engine=\"WordPress\"  data-plugin_v=\"2.6.36\"  data-prx=\"http:\/\/3.26.50.104\/education\/wp-admin\/admin-ajax.php?action=likebtn_prx\"  data-event_handler=\"likebtn_eh\" ><\/span><!-- LikeBtn.com END --><\/div>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-4886","page","type-page","status-publish","hentry"],"blocksy_meta":"","featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"post_excerpt_stackable":"<p>\u2190 Back What is a Bitcoin halving? Definition A Bitcoin halving occurs roughly every 4 years and is when the reward for mining Bitcoin, (and thus the supply of newly produced Bitcoins entering circulation) is cut in half. Understanding Bitcoin Halvings Bitcoin halvings are an event that pseudonymous creator of Bitcoin, Satoshi Nakamoto, built into the system to give Bitcoin the unique properties which makes it valuable in a way that normal fiat currency is not.\u00a0\u00a0In a nutshell, Bitcoin\u2019s network is kept secure by Bitcoin miners who validate transactions and store them in \u2018blocks\u2019 in order to earn a \u2018block&hellip;<\/p>\n<div class=\"likebtn_container\" style=\"\"><!-- LikeBtn.com BEGIN --><span class=\"likebtn-wrapper\"  data-identifier=\"page_4886\"  data-site_id=\"604d0dec943ec9c02d34b5d2\"  data-style=\"\"  data-unlike_allowed=\"\"  data-show_copyright=\"\"  data-item_url=\"http:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/\"  data-item_title=\"What is a Bitcoin halving?\"  data-item_date=\"2021-07-14T10:18:09+10:00\"  data-engine=\"WordPress\"  data-plugin_v=\"2.6.36\"  data-prx=\"http:\/\/3.26.50.104\/education\/wp-admin\/admin-ajax.php?action=likebtn_prx\"  data-event_handler=\"likebtn_eh\" ><\/span><!-- LikeBtn.com END --><\/div>","category_list":"","author_info":{"name":"user","url":"http:\/\/3.26.50.104\/education\/author\/user\/"},"comments_num":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is a Bitcoin halving? - Crypto Simple<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is a Bitcoin halving? - Crypto Simple\" \/>\n<meta property=\"og:description\" content=\"\u2190 Back What is a Bitcoin halving? Definition A Bitcoin halving occurs roughly every 4 years and is when the reward for mining Bitcoin, (and thus the supply of newly produced Bitcoins entering circulation) is cut in half. Understanding Bitcoin Halvings Bitcoin halvings are an event that pseudonymous creator of Bitcoin, Satoshi Nakamoto, built into the system to give Bitcoin the unique properties which makes it valuable in a way that normal fiat currency is not.\u00a0\u00a0 In a nutshell, Bitcoin\u2019s network is kept secure by Bitcoin miners who validate transactions and store them in \u2018blocks\u2019 in order to earn a\u2026\" \/>\n<meta property=\"og:url\" content=\"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/\" \/>\n<meta property=\"og:site_name\" content=\"Crypto Simple\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DigitalSurgeAU\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-05T04:36:50+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/digitalsurge.com.au\/education\/wp-content\/uploads\/2021\/07\/crypto_visual.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@digitalsurge_AU\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-a-bitcoin-halving\\\/\",\"url\":\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-a-bitcoin-halving\\\/\",\"name\":\"What is a Bitcoin halving? 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- Crypto Simple","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/","og_locale":"en_US","og_type":"article","og_title":"What is a Bitcoin halving? - Crypto Simple","og_description":"\u2190 Back What is a Bitcoin halving? Definition A Bitcoin halving occurs roughly every 4 years and is when the reward for mining Bitcoin, (and thus the supply of newly produced Bitcoins entering circulation) is cut in half. Understanding Bitcoin Halvings Bitcoin halvings are an event that pseudonymous creator of Bitcoin, Satoshi Nakamoto, built into the system to give Bitcoin the unique properties which makes it valuable in a way that normal fiat currency is not.\u00a0\u00a0 In a nutshell, Bitcoin\u2019s network is kept secure by Bitcoin miners who validate transactions and store them in \u2018blocks\u2019 in order to earn a\u2026","og_url":"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/","og_site_name":"Crypto Simple","article_publisher":"https:\/\/www.facebook.com\/DigitalSurgeAU","article_modified_time":"2021-08-05T04:36:50+00:00","og_image":[{"url":"http:\/\/digitalsurge.com.au\/education\/wp-content\/uploads\/2021\/07\/crypto_visual.png","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_site":"@digitalsurge_AU","twitter_misc":{"Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/","url":"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/","name":"What is a Bitcoin halving? - Crypto Simple","isPartOf":{"@id":"http:\/\/3.26.50.104\/education\/#website"},"primaryImageOfPage":{"@id":"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/#primaryimage"},"image":{"@id":"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/#primaryimage"},"thumbnailUrl":"http:\/\/digitalsurge.com.au\/education\/wp-content\/uploads\/2021\/07\/crypto_visual.png","datePublished":"2021-07-14T10:18:09+00:00","dateModified":"2021-08-05T04:36:50+00:00","breadcrumb":{"@id":"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/#primaryimage","url":"http:\/\/digitalsurge.com.au\/education\/wp-content\/uploads\/2021\/07\/crypto_visual.png","contentUrl":"http:\/\/digitalsurge.com.au\/education\/wp-content\/uploads\/2021\/07\/crypto_visual.png"},{"@type":"BreadcrumbList","@id":"https:\/\/3.26.50.104\/education\/what-is-a-bitcoin-halving\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/3.26.50.104\/education\/"},{"@type":"ListItem","position":2,"name":"What is a Bitcoin halving?"}]},{"@type":"WebSite","@id":"http:\/\/3.26.50.104\/education\/#website","url":"http:\/\/3.26.50.104\/education\/","name":"Digital Surge","description":"Crypto Simple","publisher":{"@id":"http:\/\/3.26.50.104\/education\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/3.26.50.104\/education\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"http:\/\/3.26.50.104\/education\/#organization","name":"Digital Surge","url":"http:\/\/3.26.50.104\/education\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/3.26.50.104\/education\/#\/schema\/logo\/image\/","url":"https:\/\/digitalsurge.com.au\/education\/wp-content\/uploads\/2021\/03\/Digital-Surge-Logo-Gradient.svg","contentUrl":"https:\/\/digitalsurge.com.au\/education\/wp-content\/uploads\/2021\/03\/Digital-Surge-Logo-Gradient.svg","width":1,"height":1,"caption":"Digital Surge"},"image":{"@id":"http:\/\/3.26.50.104\/education\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/DigitalSurgeAU","https:\/\/x.com\/digitalsurge_AU","https:\/\/www.instagram.com\/digitalsurgeau\/"]}]}},"_links":{"self":[{"href":"http:\/\/3.26.50.104\/education\/wp-json\/wp\/v2\/pages\/4886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/3.26.50.104\/education\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/3.26.50.104\/education\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/3.26.50.104\/education\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/3.26.50.104\/education\/wp-json\/wp\/v2\/comments?post=4886"}],"version-history":[{"count":53,"href":"http:\/\/3.26.50.104\/education\/wp-json\/wp\/v2\/pages\/4886\/revisions"}],"predecessor-version":[{"id":10519,"href":"http:\/\/3.26.50.104\/education\/wp-json\/wp\/v2\/pages\/4886\/revisions\/10519"}],"wp:attachment":[{"href":"http:\/\/3.26.50.104\/education\/wp-json\/wp\/v2\/media?parent=4886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}