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Halving

What does Halving mean in crypto terms?

Halving is a predefined event in the protocol of certain cryptocurrencies, notably Bitcoin, where the reward for mining new blocks is halved, effectively reducing the rate at which new coins are generated by 50%. This event occurs approximately every four years or every 210,000 blocks in the case of Bitcoin. Halving aims to control inflation by reducing the rate of coin creation, thereby prolonging the time to reach the maximum supply. It can lead to an increase in the cryptocurrency's value due to increased scarcity, assuming demand remains constant or increases. However, the impact on price is not immediate and can be influenced by various factors, including market sentiment and macroeconomic trends.

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