Around July 18th however, Bitcoin will go through a process whereby the reward allocated to Bitcoin miners is halved. This happens every 4 years and was added into the design of Bitcoin as a way of slowly reaching the limit of the total number of Bitcoins to 21 million
Read more: http://snapzu.com/kxh/the-halving-sounds-like-a-horror-story-and-may-well-turn-out-to-be-one-for-bitcoin
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