So, Bitcoin halving has finally come around ! On 12th May 2020, shortly after midnight, miners reward for mining a block has come down from 12.5 BTC to 6.25 BTC This was actually planned that way, ever since Bitcoin algorithm was hardcoded by (artist popularly known as ) Satoshi Nakamoto. Like US Fed or Indian RBI, printing of more and more currency notes is a way to kickcstart growth. Similarly , Bitcoin supply is also designed to grow but at a lower growth rate as the time passes , in fact after every 210,000 blocks, mined at an interval of 10 minutes, mining reward is programmed to be halved. It started with 50 BTC in 2009 and now its 6.25 BTC. Thus the supply of Bitcoins in the market is slowing down and in total only 21 million Bitcoins will be there in total. As 18 million have already been mined , thus more that 85% work has already been done. By the time, the last Bitcoin will be mined in 2040, only 3 million more will join, thus practically bulk of the work is done. From ...