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History · Modern Bitcoin

The 2020 halving

Bitcoin’s third subsidy halving occurred in May 2020, reducing the block subsidy from 12.5 BTC to 6.25 BTC.

Why it matters

Bitcoin’s third subsidy halving occurred in May 2020, reducing the block subsidy from 12.5 BTC to 6.25 BTC.

Key ideas

Primary and technical sources

Bitcoin Developer DocumentationBitcoin.orgBitcoin: A Peer-to-Peer Electronic Cash SystemSatoshi Nakamoto

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