Bitcoin Halving 2024 Reddit. The primary goal of the halving is to slow the pace. Occurring approximately every four years, the halving event is a predefined feature of bitcoin’s protocol that reduces the reward for mining new blocks by half.
As the april 2024 bitcoin halving event approaches, the digital currency’s inherent deflationary mechanism captures global attention, hinting at a pivotal shift in its valuation dynamics. The bitcoin halving event of 2024 is significant, as it will have an impact on the rate at which new btc is introduced into the market.