The third Bitcoin Halving event happened on May 11, 2020 when the penultimate block number 629,999 was mined by F2Pool. To understand Bitcoin halving better, let’s first expound on how Bitcoin functions. What is Bitcoin halving? Bitcoin Halving meaning is basically the reduction of a miner’s reward by half (literally, halving), maintaining the scarce supply of Bitcoins. Bitcoin’s supply is limited to 21 million coins mined. Once we get to this number, the network will cease creating further Bitcoins. Just like gold, one day all the […]