The Bitcoin halving begins…

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Bitcoin halving is an event programmed into the Bitcoin protocol that occurs approximately every four years. During a halving, the reward that miners receive for validating transactions and securing the Bitcoin network is cut in half. This reduction in mining rewards serves to control the inflation rate of Bitcoin and ensures that the total supply of Bitcoin is limited to 21 million coins. Halvings are an integral part of Bitcoin’s monetary policy and typically have significant impacts on the cryptocurrency’s price and mining ecosystem.

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