Jonny Fry Posted

Why should Bitcoin owners care about Bitcoin halving, what actually is it?

2 min video to expalin Bitcoin halving -

One cannot escape to have noticed that this week something called Bitcoin halving has happened. We have had a number of readers asking what does this mean?

The theory is that by reducing the number of tokens being created it will counter the impact of inflationary pressures. Thus every 210,000 ‘blocks’, or roughly every four years, the number of Bitcoins (BTC) that are paid to a miner for a Block on the Bitcoin network is halved. So now the block reward is reduced...