Bitcoin Halving Cycles Explained: Supply Shock Mechanics, Miner Incentive Dynamics, and Historical Price Impact for Long-Term Investors
What Is the Bitcoin Halving?
Every four years on average, the Bitcoin protocol automatically cuts the amount of new bitcoin that is minted in each block by 50 percent. This pre-programmed event is called the halving (or “halvening”). When Bitcoin launched in 2009, miners earned 50 BTC per block. After