What Halving Means for Bitcoin

February 26, 2024

Bitcoin’s like a digital treasure hunt with a cap of 21 million coins. Every four years,
it gets even more exciting as the reward for miners is HALVED! This scarcity
dance mimics precious metals, making Bitcoin rarer.

Last halving?

May 2020! Miners went from getting 12.5 to 6.25 bitcoins per successful hunt.
Why? To slow down the rate of new bitcoins and amp up the scarcity factor.

Why should you care?

Well, it can mess with supply and demand, shaking up Bitcoin prices.
Some think less new supply means higher prices, but remember,
crypto’s a wild ride with lots of twists and turns!

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