coingecko (thumbnail mini)
Continue in app
Track prices in real-time
coingecko (thumbnail mini)
Continue in app
Track prices in real-time

Halving

By CoinGecko | Updated on Mar 03, 2020
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network. Each cryptocurrency sets every few blocks this automatic adjustment is made. In Bitcoin it is every 210,000 mined blocks.

Share this with a friend!

Related Terms

Explain Like I'm Five (ELI5)
To explain in such simple terms that even a five-year-old would be able to understand it.
Sim Swapping
It is a tactic where hacker overtake the mobile phone to exploit the two-factor authentication and two-step verification.
Difficulty
A relative measure on how difficult it is to correctly guess a new block
Watchlist
A personally defined list of values to watch over for activity or changes.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.