Detailed Definition
A halving (or halvening) is an event where the reward for mining a new block is cut in half. For Bitcoin, this happens every 210,000 blocks (roughly every 4 years) to control inflation and supply.
A halving (or halvening) is an event where the reward for mining a new block is cut in half. For Bitcoin, this happens every 210,000 blocks (roughly every 4 years) to control inflation and supply.