bitcoin is halving in 3 days, lol , get ready, cuz the bitcoin halving is just around the corner.. it’s like a scheduled event written into bitcoin’s code that occurs roughly every four years. buuut what does it really mean? well, in simple terms, it’s when the rewards for bitcoin miners get sliced in half.
Why, you ask?? The goal is to slow down how fast new bitcoins are introduced into the market. See, there will only ever be 21 million bitcoins, so the halving helps to amp up the scarcity factor.
In the past, these halving events have often been followed by crazy spikes in bitcoin prices, shooting them to new record highs. But this time, things seem to be a bit different.
