Bitcoin & Mining
Halving
Also: Halvening
The built-in event, about every four years (every 210,000 blocks), when the reward miners receive for each new block is cut in half. It is how Bitcoin's issuance slows toward the 21 million cap. The April 2024 halving lowered the reward from 6.25 to 3.125 bitcoin.
Related terms
In the blog
More in Bitcoin & Mining
General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.