TA 2022-08-06: BTC Halving Analysis

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  A. What is the Bitcoin halving?
  

1. The Bitcoin halving is an event where mining rewards are cut in half.
2. The event takes place every four years, according to pre-set rules in Bitcoin's code.

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  B. A brief history
  

1. 2009 – Bitcoin mining rewards start at 50 BTC per block.
2. 2012 – The first Bitcoin halving reduces mining rewards to 25 BTC.
3. 2016 – In the second halving, mining rewards go down to 12.5 BTC.
4. 2020 – In the third halving, mining rewards drop to 6.25 BTC.
5. 2140 – The 64th and last halving occurs and no new Bitcoin are created.