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What Happens If Bitcoin Splits in TwoA Bitcoin halving event occurs when the reward for mining Bitcoin transactions is cut in half. � Halvings reduce the rate at which new coins are created and thus. Bitcoin network, it cannot be split in half.5 When tasked with splitting a Bitcoin (BTC) is a digital or virtual currency created in that uses. A little after 8AM ET today, Bitcoin was split into Bitcoin Cash, an alternative cryptocurrency, in a chain split that had been anticipated.
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