{"id":9251,"date":"2023-01-23T00:33:50","date_gmt":"2023-01-23T00:33:50","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=9251"},"modified":"2025-09-10T15:24:28","modified_gmt":"2025-09-10T15:24:28","slug":"halving-crypto-what-it-is","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/halving-crypto-what-it-is","title":{"rendered":"What is a halving in crypto?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/halving-crypto-what-it-is\/#what_is_a_halving_and_how_it_works\" >What is a halving and how it works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/halving-crypto-what-it-is\/#the_bitcoin_halving\" >The bitcoin halving<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/halving-crypto-what-it-is\/#halvings_beyond_bitcoin\" >Halvings beyond bitcoin<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><div id=\"row-1014847801\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>It is a concept usually<b>\u00a0associated with Bitcoin, although it also happens in other cryptocurrencies<\/b>. What is halving in crypto? When is the next halving? Users fill the Internet with these questions trying to understand how it works and when are the important dates of this\u00a0<b>automated process<\/b> that takes place in the blockchain of a cryptocurrency.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-916679459\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>In order to understand the operation of a halving, it is important to previously know the protocol known as\u00a0<b>Proof of Work (PoW).<\/b><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-558962634\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>Briefly, PoW is a protocol that involves all the parts of a network performing a complicated job, and the subsequent verification of that work, in exchange for rewards. Thus, the miners compete to solve hard mathematical problems in the network and when coming up with a solution \u2013 before adding the block to the chain- it must be tested by the rest of the decentralized nodes. If the answer is finally correct, the block is validated, added to the chain and a small reward is obtained (to be distributed among all those who worked on solving the block).<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-987536777\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>Understood this protocol and how it influences on the reward obtained from each validated block, it\u2019s time to understand what halving is.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-358444295\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<h2><span class=\"ez-toc-section\" id=\"what_is_a_halving_and_how_it_works\"><\/span>What is a halving and how it works<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-964838551\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p><b>A halving in crypto is an automated process\u00a0<\/b>within some blockchains (especially those based on the Bitcoin network)<b> in which the reward for mining new blocks to the chain is reduced.<\/b><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-301148535\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>Therefore,\u00a0<b>halving consists in reducing the block reward gained by miners and thus controlling the pace of creation of new cryptocurrencies<\/b>. That is the function of a halving<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-2076639516\" class=\"row align-center row-box-shadow-1\">\n<div class=\"col hide-for-small small-12 large-12\">\n<div class=\"col-inner\">\n<div id=\"banner-1213778254\" class=\"banner has-hover\">\n<div class=\"banner-inner fill\">\n<div class=\"banner-layers container\">\n<div class=\"fill banner-link\"><\/div>\n<div id=\"text-box-93251816\" class=\"text-box banner-layer x50 md-x50 lg-x50 y100 md-y100 lg-y90 res-text\">\n<div class=\"text box-shadow-1 dark\">\n<div class=\"text-inner text-left\">\n<p><strong>What halving means?\u00a0<\/strong><\/p>\n<p>Cambridge Dictionary defines halving as\u2026<\/p>\n<ul>\n<li><em>\u00a0 Halve<\/em>\u00a0(V.):<\/li>\n<li>To reduce sth or divide sth into 2 equal pieces.<\/li>\n<li>If sth halves, it is reduced by half.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"row-859192520\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>The limitation of the issuance rate of new cryptocurrency units, making the reward obtained for generating them less and less, means that the value of the cryptocurrency grows progressively.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-95101900\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p><b>This halving process happens approximately every four years<\/b>. It depends on the time it takes to mine each block. This periodic event is important as it ensures that coins are issued at a constant rate.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-2146905028\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<h2><span class=\"ez-toc-section\" id=\"the_bitcoin_halving\"><\/span>The bitcoin halving<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-1509543162\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>As already anticipated at the beginning of this post, halving is closely linked to Bitcoin. This is because it was the first cryptocurrency to implement this process.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><b>What is bitcoin halving? The mechanism that Satoshi Nakamoto devised to limit the emission of BTC.\u00a0<\/b>Without this process, surely all the bitcoins would have been mined already.<\/p>\n<div id=\"row-1877750178\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>Since the amount of\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/is-the-number-of-bitcoins-finite-advantages-and-disadvantages\/\">bitcoin is finite<\/a>, in order to control the production of BTC and achieve a deflationary model, the network was configured in a way that the existence of new cryptocurrencies in circulation was always guaranteed. In this way,\u00a0<b>the cryptocurrency achieves its democratizacion as a decentralized exchange method<\/b>, avoiding that all end up in the hands of only a few.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-296251757\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>Currently, we are in the third halving in which each block is rewarded with 12.5 BTC. And what will happen in the next stage?\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/bitcoin-halving-when-is\/\">When is the bitcoin halvin<\/a>g? It is already known that after the next halving, the amount of BTC per block will be 6.25 BTC. That is, half.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-413872075\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<h3><span class=\"ez-toc-section\" id=\"halvings_beyond_bitcoin\"><\/span>Halvings beyond bitcoin<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-1991469680\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>In addition to the bitcoin halving,\u00a0<b>there are other halvings that also grab the attention of many users.<\/b> Projects that work with the same guidelines as Bitcoin and also experience halvings in their blockchain. Such is the case of Litecoin, which is based on the same open-source code as Bitcoin.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-1712609526\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>The LTC limit is noticeably higher than that of the Bitcoin network.<b>\u00a084 million LTC<\/b>\u00a0versus 21 million BTC. However, they also worry about controlling their emission.\u00a0<b>Litecoin halving\u00a0<\/b>occurs approximately every four years.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-1021322366\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p><b>Specifically, every 840,000 blocks a litecoin halving occurs<\/b>. The last one took place last year 2019. Since then, the reward went from 25 to 12.5 LTC tokens per block mined. So, never is too late to\u00a0<a href=\"https:\/\/www.bitnovo.com\/en\/buy\/litecoin\/\">buy litecoin<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"row-1899205847\" class=\"row\">\n<div class=\"col small-12 large-12\">\n<div class=\"col-inner\">\n<p>So now you know what is a halving in crypto, a process that reduces mining rewards in a half, and which is the most important. Now we encourage you to follow<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/\">\u00a0Bitnovo blog<\/a>\u00a0to stay up dating about all the news in the world of blockchain tokens.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>It is a concept usually\u00a0associated with Bitcoin, although it also happens in other cryptocurrencies. What is halving in crypto? When is the next halving? Users fill the Internet with these questions trying to understand how it works and when are the important dates of this\u00a0automated process that takes place in the blockchain of a cryptocurrency. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[185],"tags":[],"class_list":["post-9251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-en"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/9251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=9251"}],"version-history":[{"count":2,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/9251\/revisions"}],"predecessor-version":[{"id":24751,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/9251\/revisions\/24751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/9253"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=9251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=9251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=9251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}