Bitcoin Halving- Impact, Implications and Insights

The Bitcoin Halving is an event highly anticipated within the digital asset community, driven by its significant impact on the Bitcoin ecosystem. Per the Bitcoin Protocol, each block mined introduces new Bitcoin into circulation. This issuance is subject to a predefined schedule where, every four years, the reward allocated to miners for each block mined is reduced by fifty percent. This mechanism, known as the "halving," is ingrained in the Bitcoin Protocol to maintain scarcity and counteract inflation, ensuring a controlled expansion of the digital currency's supply.

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