Bitcoin Halving
The protocol event every 210,000 blocks that cuts the new BTC issuance per block in half.
Bitcoin halves its block subsidy roughly every four years. The April 2024 halving dropped the reward from 6.25 to 3.125 BTC per block, and the next event (~2028) takes it to 1.5625 BTC. Halvings tighten supply and historically precede 12–18 month bull runs.
From a casino-player angle, halving cycles influence house-edge math indirectly: when BTC denominates faster after a halving, bonus T&Cs denominated in fiat-equivalent USD can change effective wagering value. Smart operators publish their conversion freeze policy in writing.