Article 6M6JJ What is bitcoin halving – and will it affect the price?

What is bitcoin halving – and will it affect the price?

by
Dan Milmo Global technology editor
from Technology | The Guardian on (#6M6JJ)

Process has coincided with a rise in price in the past and is due to take place again on Saturday

Satoshi Nakamoto, the pseudonymous creator of bitcoin, still has an influence on the cryptocurrency nearly 14 years after disappearing.

This week the protocol designed by Nakamoto - an individual or group of individuals who went silent in December 2010 - will trigger what is known as a bitcoin halving", a process that has coincided with price increases in the past. The latest halving is expected to take place on Saturday.

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