What is the Bitcoin Halving? Why is it Important?

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The Bitcoin Halving

The Bitcoin Halving is a very significant event in the history of Bitcoin and occurs after every 810,000 blocks have been mined by Bitcoin miners. The Bitcoin halving refers to a halving of the mining reward for mining Bitcoin and occurs every four years.

It is not possible to understand the significance of the Bitcoin Halving without first understanding what Bitcoin mining is. Please watch the video to gain a complete understanding of Bitcoin mining and the Bitcoin Halving.

After you have watched the video, please let me know your thoughts in the comments under this post or under the video on YouTube.

I believe that with Cryptocurrency regular people have the opportunity to change their financial future within a 3 -5 year timespan. That is why I am so passionate about the sector.

Next Steps

Have you invested in Bitcoin? Will you invest before the Bull Run starts next year? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.info

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My aim with each blog post is to help you move to a better financial future. I believe that there is not enough financial education in the national curriculum and I intend to share anything helpful that I have learned along the way. I am by no means a financial expert. None of the information on this website constitutes financial advice and is provided as general information only.  This is my personal finance blog; my marketing blog is over here and I have been blogging there since 2010. I hope you have found this information useful. Thank you for reading.

Best regards,

Mike

 

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