You may have heard about the bitcoin halving but have no idea?  It is one of the main reasons why bitcoin constantly becomes more and more scarce.  It is basically a slowdown in the new bitcoin that is released (or ‘mined’) out of the maximum 21 million bitcoins that can ever exist. 

Bitcoin halving is a process that occurs every 210,000 blocks on the blockchain, which is approximately every four years. During this event, the reward for mining new bitcoin is reduced by [50%](https://www.investopedia.com/bitcoin-halving-4843769) . This mechanism is designed to control the supply and maintain the scarcity of bitcoin, which has a fixed limit of [21 million](https://www.investopedia.com/bitcoin-halving-4843769) . The next halving is expected to occur in early-to-mid 2024, when the block reward will fall to [3.125]( https://www.investopedia.com/bitcoin-halving-4843769) .
The halving affects the price of bitcoin by changing the rate of inflation and the balance of supply and [demand]( https://www.investopedia.com/bitcoin-halving-4843769) . By reducing the rate at which new coins are created, halving lowers the available amount of new supply, which can increase the value of bitcoin through [scarcity](https://coingape.com/glossary/bitcoin-halving/) .

To learn more about Bitcoin halving, check out the following resources:

•	[Investopedia](https://www.investopedia.com/bitcoin-halving-4843769)
•	[Forbes Advisor](https://www.forbes.com/advisor/investing/cryptocurrency/bitcoin-halving/)
•	[Bitcoin Magazine](https://bitcoinmagazine.com/guides/what-is-the-halvening)
•	[CoinGape](https://coingape.com/glossary/bitcoin-halving/)
•	[Coinbase](https://www.coinbase.com/learn/crypto-basics/what-is-a-bitcoin-halving)


A brief and basic description of the bitcoin halving as well as some useful resources.

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