Halving

In a sentence

Bitcoin’s halving reduced the block subsidy paid to miners.

• Bitcoin’s halving reduced the block subsidy paid to miners.
• The protocol schedules a halving after a fixed number of blocks.
• Analysts studied how previous halvings affected miner revenue and market supply.
• Less efficient mining equipment became unprofitable after the halving.
• The halving changed new issuance but did not directly cut existing coin balances.