Bitcoin ‘halving’ cuts supply of new tokens
David Pan
A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.
The once-every-four-years event cut in half the so-called mining reward, which is the amount of bitcoin released from the network to compensate companies known as miners for validating transactions.
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Bloomberg
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