What is the meaning of Halvening?

[Mishicat 4]

A few coin can happen to Halving and people ask what it is? As far as I know, Halving is where Bitcoin reduces itself by half and it is likely that the price will only go up a little..

[mhd tello 639]

In the Bitcoin network, user transactions are grouped in blocks and recorded to a digital public ledger called a blockchain. Miners are in charge of this task, and receive a mining reward in the form of bitcoins for each block recorded.

The amount of bitcoins rewarded for each block decreases with time: it is halved every 210000 blocks. This event, the moment when the mining reward is divided by 2, is commonly called "Bitcoin halving". Other denominations are used: "reward drop", "reward halving", or simply "the halving" or "the Halvening" which is a popular meme among bitcoiners.

When Bitcoin was created in 2009, the initial reward was 50 bitcoins. In november 2012, it dropped to 25btc after the first halving. Then to 12.5btc after halvening #2 in July 2016. Halvening #3 brings it down to 6.25btc.

[Pasha007 0]

Halvening is a term used to indicate whilst the earnings of miners for bitcoin are cut in half of, it occurs each four years with the purpose to boom the modern value of bitcoin. Mining can be plenty less worthwhile in the course of this time as bitcoin is regulating the amount of btc in movement

[Emmi 1]

In my opinion Halvening is a term that is used to describe an event that happens every 4 years approximately, which is that the reward is divided in half, there will only be 21 million bitcoins and that is why there will be less and less reward in addition to its difficulty to mining it increases exponentially indicating that there is not much left to mine (almost 3 million bitcoin) I think you will get your point which I want to understand here.. If you really agree with this then plz left a smile face here. Thanks. 

[Zkria 21]

In fact, I heard a lot about it, but I don't know how important it is
Or what is it good for?
I thank all that wrote thoughts on it
And explain it appropriately to everyone ... of course we knew that it is a network that reduces the percentage of Bitcoin mining by 50 percent on a condition every 4 years, but I did not understand what this thing would benefit ... Good luck for everyone ..

[ali issmail 5]

Hello my friend, in fact, I think this is an expression of Bitcoin mining, and it happens every four years, I think, if its value depreciates to ensure the integrity and sincerity of the transaction. This is all I know.
Good luck to you

[A.Murtaza 119]

Many who are interested in learning more about this forum can do so. The economic model is based on halving the cryptocurrency since it ensures that the coin will be issued at a constant rate after a possible reduction rate. Halvening is a network that manages bitcoin and halvening is a network that manages the value of online currencies.

[Ali Sleman 0]

Yes, Bitcoin can talk to Halving and people ask what it is? As far as I know, Halving is where Bitcoin reduces itself by half and the price is likely to go up a bit. Thanks for the tip!

[Pasha007 0]

Mate this word is Halving not halvenening. Actually this term is used for BTC it means that the price of Bitcoin decreases badly and goals at a lease point and then we say that it is the Halving of BTC.

[Ayesha Qamar 0]

On 1/7/2020 at 5:49 PM, Black_Sword said:

I read some topic in this forum and I read this term "Halvening" and I don't know what is the meaning of that, anyone can explain it so I can get an idea about it and understand also of the other new user here in this forum. Thank you in advance.

Dear mate according to my knowledge it is some kind of event in which bitcons are distributed among bitcon miners. And this event comes once in a year. More information can be acheived , gained by the senior members of this forum.

[mannbdul 562]

To be truthful, my buddy, I am new to this site and I only began working a moment ago, and I have no idea what this word means. But, I will look for and ask experts about with this concept to expand my skills and knowledge at work, and I assume that the elderly in this community will address this problem and lead us to whatever it means.

[moathjazare 103]

Halving is the core of the cryptocurrency economic models as it guarantees the issuance of new bitcoins.  Each Bitcoin miner will get a reward for every new block they mine.  Reducing the bonus in half is called.  It reduces supply and usually causes prices to rise dramatically.

[Maysaalzaoure 71]

It is an event that occurs when the rewards given to Bitcoin miners decrease. It is a new term, my friend, but with research, you can learn and learn about it, read helpful responses and add positive reviews to it.

[hasan321 5]

Greetings to all of you
Dear friend, I am a new member of this platform
I do not have any information about this forum you are talking about
I hope you will find your answer with the comments of the former members

[JawadAhmad 301]

Dear I also see many posts in which senior talk about bitcoin halving but I never know about what is they talking about and what is the term halving mean in crypto world. I see a post in which one of my friend tell me about that halving is a bitcoin network which manage the ways of inflations.

[Saba Malik30 608]

On 1/8/2020 at 12:01 AM, Syedbesharat said:

As for Halving is where the reward given to a miner that processes a block by the code/network is halved. This is how coins are distributed. When a miner finds a block, they get the fees attached to each transaction in the block plus the block reward. Every so many blocks the rewards is them halves again.

That's great information dear friend,  thanks alot for sharing your thoughts with us . It is helpful for us and I really appreciate you for your valuable efforts.  Keep doing more useful posts . Best wishes

[Anna bella 30]

Hey thank you so much for asking this question I also saw many topics containing this word. And. I didn't knew the meaning of it. But you asked a question and replies of seniors help me alot to understand the meaning of this word

[GOGO ali 0]

 

Gharam Ali:
Hi
The first "has justified it, where the bikoen has taken a trend in the first half of 2012, a one-year bullish, which raised from US $ 12 to $ 1178, more than 9,000%.
In the second half in 2016, the coin rose from $ 657 to nearly

He achieved, returning more than 2,900%.
This leads to that the forum achieves huge profits ... good luck

[lanaahmad 338]

The term means by those people who work in Bitcoin mining, when profits fall in half, they use this term, which is a period of time that occurs every four years, the goal of which is to raise the price of the currency.

[Sanaa 3]

How are you, my friend, I do not know the meaning of this word. I am still a beginner. I wish you good luck in finding the meaning of this word

[luisagenjo 0]

It is the automated process of halving the Bitcoins that miners receive as a reward for creating a block.

[Ghiyas 199]

My dear friend I also saw many topics containing this word. And. I didn't knew the meaning of it. But you asked a question and replies of seniors help me alot to understand the meaning of this world . Greetings to everyone. Jazak Allah ♥️

[Walaa12 2]

In fact, I am still a beginner in this forum, and I also did not know Muhanna this word or anything that it symbolizes. I wish any member of this forum who knows its explanation. Thank you.

[Yahoo123 2]

Hi friend😊

It is a event that happen on Bitcoin mining.bitcoin is being mine at a block these block has a reward currently 12bitcoin per block.after halving it will be divided by 50% mening reward let block will be 6.5after halving and it affects the Bitcoin output on mining and it has impact on Bitcoin price soon