Bitcoin's Halving Event Expected This Weekend

The crypto world is gearing up for the forthcoming Bitcoin halving event, which will, as the name implies, slash Bitcoin payouts in half.

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There are no established calendar dates for the halving, but it usually occurs every four years.

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Current predictions imply that the next halving will happen late Friday or early Saturday.

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Bitcoin miners' incentives are half every four years.

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Miners are individuals who solve the challenging cryptographic puzzles required to generate a fresh blockchain on the network and are paid with Bitcoins.

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