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Blocks of bitcoin will now contain only 6.25 units, rather than 12.5, when they are mined – the process of generating the.
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It causes huge fluctuations in the price of Bitcoin, as Bitcoin has no backing, and traders are largely dependent on the news of Bitcoin's price, multiplying volatility .
In the past, this event has coincided with a strong run-up in the bitcoin price and has lead to pre- and post-halving.
The latest models of bitcoin mining machines from MicroBT and Bitmain are the most profitable now after the halving,
Follow the Bitcoin price live with the interactive, real-time chart and read our expert articles on the latest BTC news, forecast and technical analysis.