BitcoinHalving
The Bitcoin halving refers to the event where the reward for mining new blocks on the Bitcoin blockchain is halved. This occurs approximately every four years or after every 210,000 blocks are mined. The purpose is to control inflation and ensure a steady issuance of new bitcoins. The most recent halving occurred in May 2020, reducing the block reward from 12.5 bitcoins to 6.25 bitcoins per block.