Home Crypto Dictionary Bitcoin halvening

Bitcoin halvening

by Philip Ernisse

Bitcoin halvening – also known as Bitcoin halving. A 50% reduction in rewards for Bitcoin miners. Happens approximately every four years or exactly once in 210 000 blocks. The next halvening will happen in May, 2020. Bitcoin miners currently receive 12.5 BTC for each successfully mined block. After the next halvening, they will earn just 6.25 BTC.

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