Bitcoin Halving — Everything You Need to Know

Rekt Capital
Sep 6, 2019 · 12 min read

The amount of Bitcoin that gets created every 10 minutes gets cut in half every four years.

This is known as the Bitcoin Halving. The next Halving will be Bitcoin’s third and will take place in May 2020. This is when the current block reward of 12.5 Bitcoin every 10 minutes will be cut in half to 6.25 Bitcoin.

Seeing as the maximum supply cap for Bitcoin is 21 million, halving the block reward means that it will take longer for all Bitcoin to enter circulation.