_explained-simply-what-is-bitcoin-halving.jpg "Explained simply: What is Bitcoin halving? from ironside computers location Video Screenshot Preview")
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⏲ Duration: 2:24
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✓ Published: 25-Apr-2024
👁 View: 6.9M times
✓ Published: 25-Apr-2024
Description:
Bitcoins are created as a reward when someone with lots of computing power produces a new block of transaction data. This reward is “halved” every few years, making Bitcoins more expensive and mining only worthwhile with energy-efficient computers.
Bitcoins are created as a reward when someone with lots of computing power produces a new block of transaction data. This reward is “halved” every few years, making Bitcoins more expensive and mining only worthwhile with energy-efficient computers.
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