Importance of the Bitcoin Halving

Karl
Coinmonks
Published in
10 min readApr 10, 2024

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By: Karl Steinkamp, Director of Digital Transformation & Automation @ Coalfire

The Bitcoin halving is one of the most significant events in the Bitcoin ecosystem. It occurs approximately every four years, or more precisely, every 210,000 blocks mined. During the halving, the block reward given to Bitcoin miners for processing transactions is cut in half. This has major economic implications for miners…

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Karl
Coinmonks

Voracious cybersecurity and technology-driven business entrepreneur. World traveler, adventure seeker. #bitcoin #sovereignty #faith