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It's today! What is Bitcoin Halving?

11-05-2020

There are only a few hours left to the huge event. For the third time in history, there will be Bitcoin halving as a result of which mining reward of the most popular cryptocurrency will be reduced by half.

What consequences for the community, markets and BTC price will bring upcoming halving? In the last week, the Bitcoin price first time for three months was above 10 000 USD. Check how the BTC price responded in the past to upcoming halving:


Until the moment of mining all Bitcoins there will be 32 halvings, so it is worth to remember the most important facts regarding this mechanism. We have prepared especially for you a small summary: