Bitcoin halves miner rewards roughly every four years, decreasing supply inflation and historically triggering market repricing. Similar emission cuts exist in other proof-of-work chains, shaping expectations for liquidity and mining economics.
Halving
EconomicsA scheduled reduction of block rewards that halves new coin issuance in proof-of-work networks like Bitcoin.
Sections
Definition
Bitcoin halves miner rewards roughly every four years, decreasing supply inflation and historically triggering market repricing. Similar emission cuts exist in other proof-of-work chains, shaping expectations for liquidity and mining economics.