Bitcoin Halving Explained | How does it Influence the Market? | Animation | Cryptomatics

In this video, we will explain what exactly Bitcoin Halving is, how does it affect the price or the reward system, what will happen when the blockchain doesn’t have any more blocks to mine, and how did the 2020 halving prove a point against inflation.

Bitcoin halving is a process through which the rewards for mining bitcoin are halved after a set of 210,000 blocks are mined.

As more blocks are mined, reducing the rewards for mining Bitcoin has the role of making sure that the total amount of Bitcoin in circulation doesn’t drastically increase.

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🔥CryptoRobin 👉 https://www.youtube.com/channel/UC3WPi0MJYfDcETCDY8m2LGg/videos 

• CHAPTERS–

0:00 Intro 0:23 What is Bitcoin Halving? 0:58 Does Halving Affect the Price or the Reward System? 1:57 What Happens When There Are No More Blocks to Mine? 2:41 How Does Halving Help in the Long Run? 3:20 Conclusions 3:46 Outro

⛓️ 🔗 Useful Links 🔗⛓️

►https://www.investopedia.com/bitcoin-halving-4843769 
►https://www.coindesk.com/bitcoin-halving-explainer 
►https://money.usnews.com/investing/investing-101/articles/bitcoin-halving-101-what-is-it-and-why-does-it-matter 

#Animation #Cryptomatics #Blockchain #Crypto #CryptoEducation ... https://www.youtube.com/watch?v=RUcbgTHNqvY