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Explained simply: What is Bitcoin halving?

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62% Informative

China , US , Norway , and Kazakhstan all have a big Bitcoin mining scene.

900 new bitcoins are produced each day , at least for now.

But the total supply of Bitcoin is capped at 21 million .

So the miners rewards must eventually fall at what's called a Bitcoin halving.

Occurring roughly every four years , that's when miners rewards are cut in half .

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informal

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English

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