Cryptocurrency Q&A
Does Bitcoin split every 4 years?
Does Bitcoin split every 4 years?
ZenHarmony
Tue Nov 26 2024
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6
answers
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I heard that Bitcoin undergoes some kind of split or halving event every few years. Is it true that Bitcoin splits every 4 years? I want to understand this process better.
6 answers
Martina
Thu Nov 28 2024
Approximately, this translates to a halving occurring every four years.
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IncheonBeauty
Thu Nov 28 2024
The purpose of these halvings is to gradually reduce the number of new bitcoins entering the market.
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Martino
Thu Nov 28 2024
This process continues until the maximum supply of 21 million bitcoins has been generated.
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ShintoBlessing
Thu Nov 28 2024
Bitcoin halvings are a fundamental aspect of the cryptocurrency's supply mechanism.
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CryptoLegend
Thu Nov 28 2024
These events are programmed to take place once every 210,000 blocks.
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