With the halving of Bitcoin approaching, Bitgert coin, the promising new cryptocurrency, will be born. With revolutionary speed and reduced transaction costs, Bitgert promises to redefine the market standards. Enthusiasts and investors are already realizing it. Is it going to start a new crypto era?
Bitcoin Halving Explained
Bitcoin halving is a pre-programmed event that halves the miner’s rewards for every block they mine on the Bitcoin network. It generally occurs every four years, to be more precise, after successfully mining 210,000 blocks in the Bitcoin network. It is part of the monetary policy in Bitcoin, meant to be an inflationary control and spread over an extended period for giving out new Bitcoins.
Back when Bitcoin had just first been created, the block reward itself was 50 Bitcoins. The reward per block was set to 25 bitcoins after the first halving in 2012, and it has continued to experience halving…
