Halving
The process by which Bitcoin mining rewards are reduced by 50% every four years; this is done to create scarcity and control the total supply (since no more than 21 million Bitcoins can ever be mined).
The process by which Bitcoin mining rewards are reduced by 50% every four years; this is done to create scarcity and control the total supply (since no more than 21 million Bitcoins can ever be mined).