RE: LEARN AND EARN Challenge - "What is Bitcoin Halving ?"

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LEARN AND EARN Challenge - "What is Bitcoin Halving ?"

in hive-175254 •  5 years ago 

A bitcoin halving (sometimes 'halvening') is an event where the reward for mining new blocks is halved, meaning miners receive 50% fewer bitcoins for verifying transactions.

It occurs once every four years.
This is the second Halving I'm witnessing as a crypto expert

It will make btc very scarce because there will be high demand for it
To the last question

My expectations for it is to rise within 6 months - a year after the Halving

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Wow! You mean we're still gonna wait till next year before it can rise to it's optimum or maximum level?