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Every 210,000 blocks ' roughly every 4 years ' the block reward is reduced by half, an event often referred to as the "the halvening" or 'the halving. On November 25, 2012, the first halvening occured, halving the block reward from 50 to 25 bitcoin. On July 10, 2016, the second halvening occured, halving the block reward from 25 to 12, bitstarz news. The third halvening is expected to happen in May, 2020 and will reduce the block reward from 12. There is an online gambling website that offers different varieties of information about online betting websites, bitstarz news. Blockchain technology is an ingenious invention of a group of people known by the pseudonym, Satoshi Nakamoto. Ever since the invention of Blockchain technology, it has made giant strides over the years. Many people are curious to know what blockchain technology is, bitstarz news. Blockchain technology forms the backbone of a new type of internet which allows digital information to be distributed storage but not copied.
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