Source: Coindesk.com
On April 19, or whenever a bitcoin miner mines block number 840,000, the amount of bitcoin (BTC) entering into circulation will halve from about 900 a day to 450. This event, colloquially known as the halving (sometimes halvening), looms large in the Bitcoin mindshare, one of those things that makes Bitcoin Bitcoin. Perhaps because it only comes around on Leap Years
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Source: Coindesk.com