In the vast world of cryptocurrencies, there's an event that carries significant technical and economic importance - the Bitcoin halving. This scheduled reduction in miner rewards, happening approximately every 210,000 blocks (or around four years), plays a crucial role in the ongoing development of the Bitcoin network. In this exploration, we'll break down the technical aspects of Bitcoin halving, exploring what it is, how it works, and what the upcoming 2024 halving might mean.