Bitcoin halving

Bitcoin halving is an event that occurs approximately every four years, reducing the reward miners receive for adding new blocks to the blockchain by half. This process controls Bitcoin's supply, ensuring new coins are released gradually and predictably, which helps prevent inflation. Since miners are essential for validating transactions, halving influences network security and supply dynamics. It effectively slows the rate at which new bitcoins are created, making existing bitcoins more scarce over time. Historically, halving events have sometimes contributed to increases in Bitcoin's price due to the reduced supply growth.