Bitcoin's next 'halving' is right around the corner. Here's what you need to know

Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in half. That could have a lot of implications, from the price of the asset to the day-to-day operations of bitcoin miners themselves. And, as with everything in the cryptoverse, the future is hard to predict. Beyond its infamous volatility, bitcoin is still a relatively young asset. This next halving will be only the fourth to take place since the digital currency’s 2009 launch.