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Bitcoin Halving - This Time Is DifferentThe network reduces that reward by half every , blocks. This is called a halving. The point of the halving is to reduce the rate at which. Bitcoin is divisible, and the smallest unit is called a satoshi, named after its pseudonymous creator, Satoshi Nakamoto. One bitcoin is equivalent to million satoshis. Navigate to the Bitcoin page and click �Invest.� Here, users can choose to �Trade� or �Order.� The former involves purchasing bitcoin at its current price. The.