Bitcoin halving is an event that halves the rate at which new bitcoins are created and released into circulation. This happens approximately every four years, and it is a part of the Bitcoin network's underlying monetary policy, designed to create predictable scarcity and counter inflation. Each halving reduces the mining reward for discovering new blocks, which historically leads to a decrease in the supply of new bitcoins entering the market. This scarcity can lead to an increase in Bitcoin prices if demand remains stable or increases. Halvings are significant because they directly influence the profitability of mining and can have long-term effects on the market's supply and demand dynamics. For a detailed look at how Bitcoin halving works, its historical impact, and its potential future effects, this article provides thorough insights: https://paybis.com/blog/glossary/bitcoin-halving/ It explores the economic implications of halving events and their role in Bitcoin’s value appreciation.