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Cryptocurrency News Video

Crypto Miners Prepare for the Bitcoin ‘Halving’

Apr 17, 2024 at 05:18 am Bloomberg Television

Halving is an event that happens for bitcoin roughly every four years, and is expected to occur around April 20. It is a planned reduction in the rewards companies receive for mining. As the name suggests, each halving cuts the quantity of Bitcoin that miners receive per block reward in half. Bloomberg's Annabelle Droulers reports.
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