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What is Halving in Bitcoin?

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We may inform you that halving is the reward earned by miners who successfully add new blocks to the blockchain.

It is also important to note the halving will be carried out every 210,000 blocks that are mined, or the equivalent of every four years.

So, what is the function of halving crypto assets? In general, halving serves or aims to maintain the scarcity of crypto assets such as BTC.

Through the implementation of the halving, the amount of new BTC entering circulation will remain limited. Thus, its value will continue to rise.

Another question is, why do miners have to cut the yield or yield every four years? The answer is that the supply of Bitcoin is decreasing because it is constantly being mined.

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