word
Bitcoin halving
BIT-koyn HAV-ing
ˈbɪtkoɪn ˈhævɪŋListen
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Syllable breakdown
bitcoinhalving
Dictionary meaning
a programmatic event occurring approximately every four years where the reward for mining new Bitcoin blocks is cut in half; reduces the rate of new Bitcoin creation and is widely regarded as a deflationary mechanism; historically associated with significant price movements
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