What is the meaning of Halvening?

[backbone 4]

I also had of bitcoin halvening but truly am not opportune to get to know what is all about but am sure that am definitely going to know more about it from the forum members

[Ashii 258]

I think this halvening terminology belongs to some kind of bitcoin mining and I haven't experienced that btc mining yet. So I don't know about this. But your topic helped alot in learning about this by reading seniors replies.

[Hasan1997 530]

 

Hello my friend, In fact the meaning of the word Halvening is halves, but I don't know much about the topic and if I am not mistaken it is related to mining, I wish all of my new colleagues here on the crypto talk good luck.

[Tallest 376]

Halving is the time when the reward to mine bitcoin is reduced by half, and it usually happens after every 4 year. When the reward of transaction which be given to miners reduced to 50%. I think this good reason to increase the price of bitcoin in the market.

[Ghadrov 0]

I don't know what this term is for, but I read some comments and they said that it is a reward for someone who miners after a long period of work. I hope that an expert corrects me if I am wrong.

[Kristaal 817]

halving Bitcoin is about reducing the profit of Bitcoin in half every four years, and this method helps to increase the value of Bitcoin, and there were only two halving Bitcoin operations until July 2019. The first occurred on November 28, 2012 and the second on July 9, 2016. At the time of The first halving event was the price of Bitcoin was $ 12.31, and at the time of the second halving event, the price of Bitcoin was $ 650.63.

[Alisher123 634]

Yes you are right I agree with you this good information for me as I am begginer in this forum and I am happy for this you share such a useful information with us thank for sharing this kind of information with us

Keep work here with honestly

[Marywooker 107]

I had not heard about the halving before, but because of your post, I almost learned what it means and that it benefits all investors, thank you, and we will wait for this halving with impatience.

[ARSALS 419]

Thank you for posting such a good post my friend I also don't know its meaning so thanks for posting such a good post. it really helped me .

[RAWAnmj777 176]

I always see this word and do not understand its meaning, but I know that it is related to currencies only. I try to read other people's comments, but I find it difficult to understand it.

[Craig Allen 321]

It is a process that occurs for all or most of the cryptocurrencies where the number of currencies that can be extracted by mining is reduced and this reduction in extraction takes place every several years and for bitcoin it occurs every four years once.

[FlyingHollandMan 146]

I am just here for the comments. Thanks for this post. I am enlighten the more. Thanks so much.

[Qassem 361]

I do not know what this thing is. I hope senior members of the forum explain this term to us because we do not have the slightest idea what it means. Thank you to everyone.

[Ali_Yaseen 252]

Thank you for asking this question. I would have liked to ask about it, but your topic is talking about it. I learned a general idea of this term, but I do not think I fully understood it. I would be grateful if someone explained it to me more clearly.

[Jijo george 18]

That is a doubtful topic to so much all of the members.Also i dont know a lot of the term halving i think it is the event that happen in the bitcoin between four years it only happens one or two times.It is the giveaway of rewards for the bitcoin miners for validating transactions that are  reduced by 50%each bitcoin miner will get a reward for each new block he mines.I think the reduction of the reward is called the halving.

[aiham 488]

Halving is a process that occurs almost every 4 years, whereby the mass mining rewards given to miners are reduced by half . It ensures the issuance of new digital currencies at a steady rate to combat inflation . There will be 32 Bitcoin Halving operations and after these operations are completed there will be no possibility to create new Bitcoin currencies .

[Ziyech 478]

I'm glad you learned a few things because of me.The aim of this type is to develop a successful concentration unit where we can learn from one another perspectives and improve.

[tahir meo1122 169]

I assume the object of halving the bitcoin currency is to split the amount of investment in half once 3 years, and this process will continue until 20 million bitcoins are made.

[Ferymalik 13]

@Black_Sword  Bitcoin halvening is a event where reward for mining bitcoins transactions is cut in half . This event also cuts in half bitcoins inflation rate and the rate at which bitcoin is circulating in the market.

[salim1985 4]

Thanks for this . It is a new topic for me and I hope from this generous forum to explain to us its meaning and how we can benefit from it in the world of digital currencies

[Marof 669]

All I know is that it is a term used with the miners we use to extract Bitcoin from mining.
It is said that the production ratio is halved upon application of this term.

[Kenda6666 850]

Welcome, my friend, I have not heard this term before. I will read the comments to benefit from them and learn the meaning of the half more

[sea&& 272]

It is the decline of the two minerals of Bitcoin by almost half, and this situation occurs every four years, and this situation constitutes a significant rise in the price of Bitcoin.

[Kyocera33 0]

We definitely need more answers and explanations on this kind of terminologies.blockchain,halvening,satoshi and the rest..The more we have an understanding of the the more interest we can attach to trading in cryptocurrency

[Majdyarous 157]

The halving is the process of reducing the rate at which new digital currencies are created. These processes are considered the core of economic models for digital currencies because they involve issuing new currencies at a constant rate that follows the expected rate of decay.This rate used to combat inflation is one of the main differences between digital currencies and fiat currencies that can be printed in infinite numbers.