algorithm

Bitcoin Halving in 2024: Everything You Need to Know

By Michael Kelley / 13 Mar 2024

The anticipation for the next Bitcoin halving is mounting, as this event, expected in May 2024, will slash the block reward miners receive in half. Occurring every 210,000 blocks – about every four years – bitcoin halving is a critical process embedded in the digital currency’s algorithm, designed to preserve scarcity, and counteract inflation.