{"id":2824,"date":"2024-06-30T11:09:50","date_gmt":"2024-06-30T11:09:50","guid":{"rendered":"https:\/\/bitcoin-zukan.com\/?p=2824"},"modified":"2024-06-30T11:09:52","modified_gmt":"2024-06-30T11:09:52","slug":"halving","status":"publish","type":"post","link":"https:\/\/bitcoin-zukan.com\/en\/technology-en\/halving\/","title":{"rendered":"What is the halving of bitcoin? Including Historical Charts"},"content":{"rendered":"
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When is the halving of bitcoin? I’d like to know how the halving works.<\/p>\n<\/div><\/div>\r\n\t<\/div>\r\n<\/div>\n\n\n\n

Bitcoin has had multiple halvings, and in each case, the price has increased after the halving.<\/p>\n\n\n\n

With the fourth halving coming up in April 2024, many are keeping a close eye on future price movements.<\/p>\n\n\n\n

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In this article, I’ll explain bitcoin’s next halving, historical charts, and what a halving is in plain English.<\/p>\n<\/div><\/div>\r\n\t<\/div>\r\n\t

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Supervisor: Atsushi Okada<\/strong><\/p>\n\n\n\n

Obtained a master’s degree from Nagoya City University Graduate School through research utilizing data analysis.
In 2023, established a Bitcoin-native company in Japan to promote the Bitcoin ecosystem.<\/p>\n\n\n\n

CEO of Cachet Co., Ltd.<\/a><\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n

This article was written in Japanese and converted to English using a translation tool.
Date of writing (Japanese version): January 2024<\/p>\n\n\n\n

What is the halving of bitcoin? <\/h2>\n\n\n
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The price of Bitcoin after its halving is attracting a lot of attention, but what is the halving anyway?<\/p>\n<\/div><\/div>\r\n\t<\/div>\r\n<\/div>\n\n\n\n

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Bitcoin’s halving is when mining rewards are cut in half.<\/p>\n\n\n\n

I’ll explain mining and the halving in simple terms for beginners.<\/p>\n<\/div><\/div>\r\n\t<\/div>\r\n\t

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What is Bitcoin Mining?<\/h3>\n\n\n
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I’ve heard that mining is a system where you get bitcoins\u2026<\/p>\n<\/div><\/div>\r\n\t<\/div>\r\n<\/div>\n\n\n\n

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To put mining in a nutshell, it’s the process of checking the transactions that take place on the bitcoin network and writing them correctly to the blockchain.<\/p>\n\n\n\n

The first miner to find the numbers to approve a transaction gets bitcoins as a reward.<\/p>\n<\/div><\/div>\r\n\t<\/div>\r\n\t

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In Bitcoin, where there is no central controller, the issuance of new Bitcoins is done by mining. A new block is created every 10 minutes, or about 144 blocks per day.<\/p>\n\n\n\n

Mining Flow<\/span><\/p>

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