What Is Bitcoin “Halving”? How Does It Impact Cryptocurrency Markets?

An event expected on May 12th will halve the reward for miners and reduce the pace of increase of bitcoins supply.

RIO DE JANEIRO, BRAZIL - A topic bruited almost a year ago, the so-called Bitcoin "halving" is scheduled to take place on May 12th. Athough this event is provided in the cryptocurrency's protocol, it is still not understood by all investors.

Halving is an adjustment that occurs in the Bitcoin network that cuts in half the rewards of miners, leading to a drop in the supply of new cryptocurrency. This guarantees the asset's deflationary feature.

Mining is a process in which computers are used to generate new Bitcoins. This is done using processing power to solve complex mathematical . . .

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