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Every four years, or 210,000 Bitcoin the inflation rate of Bitcoin is cut in half. The process of decreasing the issuance of new bitcoins is known as the halving, and is one of the highlights of Bitcoin’s superior monetary policy. The last Bitcoin halving which occurred at Block 630,000 on May 11 2020 reduced the number of bitcoins issued per block to 6.25. The next halving is expected in 2024.
Halvings are of great interest to cryptocurrency investors because prior halvings have had a significant impact on the coin. For example,
