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The Guardian - UK
The Guardian - UK
Technology
Dan Milmo Global technology editor

YOU WONT BELIEVE: What is bitcoin halving and will it affect the price | Mind Blowing Facts

A visual representation of bitcoin
The halving reduces the supply of new bitcoins. Photograph: Chesnot/Getty Images

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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