CryptoTurkish: Halving
What is Halving?
The event in which the block reward paid to Bitcoin miners is cut in half roughly every four years.
ExampleIn the 2024 Bitcoin halving, the block reward fell from 6.25 to 3.125 BTC.The figures in the example illustrate the concept; they are not current market data.
Related terms
Supply SqueezePrice pressure created by a shrinking available supply or rising demand.On-Chain AnalysisA method that analyzes transaction data on the blockchain to anticipate market moves.Gas FeeThe transaction fee paid to network validators to process a transaction on the Ethereum network.HODL (Hold)The strategy of holding crypto assets without selling them despite market swings; slang derived from "hold".
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Frequently asked questions
What is Halving?
The event in which the block reward paid to Bitcoin miners is cut in half roughly every four years.
What is Halving called in Turkish?
In Turkish financial reporting and news, Halving is called Halving.