Bitcoin world faces 'halving': what's happening?
Bitcoin, which enjoys increasing interest from institutional investors, has blazed a record-breaking trail this year on the prospect of halving, climaxing at $73,797.98 last month.
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Bitcoin was created in 2008 by a person or group writing under the pseudonym Satoshi Nakamoto as a peer-to-peer decentralised electronic cash system. (Credit: AFP)
By NewVision Reporter
Journalists @NewVision
Bitcoin miners, whose computer processors run the world's most popular virtual currency, will soon face the process of "halving" -- a quadrennial phenomenon which alters the profitability of