Bitcoin halving is a milestone that happens every 4 years or every 210,000 blocks calculated from 1 block, happens every 10 minutes on average, or is known as the 50% drop in Bitcoins in the system. As a result, the reward per 1 block is halved.
Currently, the reward per block for miners is 12.5 BTC, including the transfer fee of 1 block is almost 13 BTC.
The 3rd Bitcoin halving took place on 12 May 2020.
Follow the news about Bitkub halving with us at bitkub.com/halving.
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