Bitcoin Halving For Dummies (2024)

Biggest Event in Crypto To Date?

Bitcoin Halving For Dummies (3)

At the time of writing, we are roughly 9 hours away from Bitcoin’s halving. You may ask, what is halving? Why is it important? What should I do? I am here to calm your nerves and explain what is going on and how you can end up on top after this monumental occasion.

Bitcoin Halving For Dummies (4)

Bitcoin is often heralded as the king of cryptocurrency and I wholeheartedly agree with that. It is to no surprise that “digital gold” has become the gold standard in regard to digital currencies. Bitcoin began it’s reign in 2008 and hasn’t stopped growing year after year.

Bitcoin Halving For Dummies (5)

Bitcoin makes use of blockchain technology, which I assume all of you are aware of. Blockchain technology involves creating blocks, which are essentially large records of data that are agreed upon by every miner or node in the system. Miners compete to solve extremely complicated and complex mathematical equations to be the first to “solve” a block. That miner that solves the block gets rewarded…

Bitcoin Halving For Dummies (2024)
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