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In the Bitcoin halving, the Bitcoin block reward dropped from 50 to 25 BTC per block. The Bitcoin Halving took place on November On Nov. 28, , when the price of BTC was around $12, the first halving took place; one year later, Bitcoin had risen to nearly $1, The second halving. A Bitcoin halving is a condition defined within Bitcoin's protocol that requires the Bitcoin block reward to be cut in half every , blocks.

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In this blog post, we will provide an in-depth exploration of the Bitcoin halving , including quotes from well-known Bitcoin advocates. Many experts regard this ratio as a fundamental indicator of Bitcoin's long-term value. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Without the block rewards, the network would be in chaos.