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Bitcoin halving is a significant event in the cryptocurrency world that occurs approximately every four years, or after 210,000 blocks are mined. During a halving, bitcoin miners' reward for verifying transactions and adding them to the blockchain is reduced by half. This mechanism was designed by Satoshi Nakamoto, the anonymous creator of Bitcoin, to control inflation by limiting the total number of bitcoins that can ever be in circulation to 21 million.<\/p>\n\n\n\n
As of writing, the price of Bitcoin is at $63,760, and 2 blocks remaining until the next Bitcoin halving.<\/p>\n","post_title":"Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-halving-to-slash-miner-earnings-cuban-eyes-ai-shift","to_ping":"","pinged":"","post_modified":"2024-04-21 10:10:00","post_modified_gmt":"2024-04-21 00:10:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16491","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
