What is the bitcoin halving?

[Stardom22]

lt refers to the technical event that happens after every four years, whereby after every 210,000 blocks added to the chain, the mining reward is cut in half. This was mainly done to reduce the supply of bitcoin in the circulation.

 

[deucher]

I only recently found out what it really means and in my opinion it is very cool that in such a simple way many factors can be regulated in order to maintain the balance in cryptocurrency