What is Bitcoin Halving?

Bitcoin Halving, often referred to as 'the Halvening' is a pre-programmed event in Bitcoin protocol.

Bitcoin Halving events were designed to reduce the rate at which new Bitcoins are created.

Bitcoin Halving events ultimately leading to a capped supply of 21 million Bitcoins.

There were 3 Bitcoin Halving Events till date:  1. November 28, 2012  2. July 9, 2016 3. May 11, 2020

The next Bitcoin halving date is scheduled to take place in April 2024.