proof-of-work, PoW, hashrate, blockchain
Next Halfing May 2024What is the bitcoin halfing?
The bitcoin halving is a process that happens every four years in which the block reward for miners is cut in half. This happens as a result of the bitcoin protocol, which stipulates that the block reward will be halved every 210,000 blocks, or roughly every four years. The result of this is that, o ...