{"id":2406,"date":"2020-09-09T12:41:07","date_gmt":"2020-09-09T09:41:07","guid":{"rendered":"https:\/\/www.paribu.com\/blog\/?post_type=glossary&#038;p=2406"},"modified":"2026-07-23T11:02:28","modified_gmt":"2026-07-23T08:02:28","slug":"bitcoin-yarilanma-halving-nedir","status":"publish","type":"glossary","link":"https:\/\/www.paribu.com\/blog\/sozluk\/bitcoin-yarilanma-halving-nedir\/","title":{"rendered":"Bitcoin yar\u0131lanma (halving) nedir?"},"content":{"rendered":"<p><span class=\"\" title=\"Paribu S&ouml;zl&uuml;k: Kripto para nedir?\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Kripto para<\/span> birimlerinin &ouml;nc&uuml;s&uuml; olan <span class=\" cmtt_Kripto Para\" title=\"Paribu S&ouml;zl&uuml;k: Bitcoin (BTC) nedir?\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Bitcoin<\/span> (BTC), halving, T&uuml;rk&ccedil;esiyle Bitcoin yar&#305;lanma olarak bilinen bir i&#351;leme tabi tutulur. Bu yar&#305;lanma i&#351;lemi 4 y&#305;lda bir ger&ccedil;ekle&#351;ir.&nbsp;Yar&#305;lanma i&#351;lemi Bitcoin&rsquo;in gizemli mucidi <span class=\"\" title=\"Paribu S&ouml;zl&uuml;k: Satoshi Nakamoto kimdir?\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Satoshi Nakamoto<\/span> taraf&#305;ndan kullan&#305;lan protokole entegre edilmi&#351;tir.<\/p>\n<p>Yar&#305;lanma i&#351;lemi tamamland&#305;ktan sonra, yeni Bitcoin arz&#305;, madenciler i&ccedil;in blok &uuml;retim &ouml;d&uuml;llerini yar&#305;ya indirecek &#351;ekilde d&uuml;zenlenir. Yar&#305;ya inme meydana geldi&#287;inde, madenciler i&#351;lemlerini do&#287;rulad&#305;klar&#305; i&ccedil;in %50 daha az Bitcoin (BTC) &ouml;d&uuml;l&uuml; al&#305;rlar.<\/p>\n<p>Yar&#305;lanma, BTC&rsquo;nin operasyonel verimlili&#287;ini art&#305;rmak i&ccedil;in ger&ccedil;ekle&#351;ir. Ayr&#305;ca, a&#287; &uuml;cretleri &ouml;nemli &ouml;l&ccedil;&uuml;de azal&#305;r, bu da sonu&ccedil; olarak Bitcoin&rsquo;e olan talebi artt&#305;r&#305;r.<\/p>\n<h2><strong>Bitcoin halving nas&#305;l &ccedil;al&#305;&#351;&#305;r?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Halving, takvime de&#287;il blok y&uuml;ksekli&#287;ine ba&#287;l&#305; &ccedil;al&#305;&#351;&#305;r. Bitcoin a&#287;&#305;nda bloklar ortalama 10 dakikada bir &uuml;retilir. A&#287; her 210.000 blo&#287;a ula&#351;t&#305;&#287;&#305;nda <span class=\"\" title=\"Paribu S&ouml;zl&uuml;k: Blok &ouml;d&uuml;l&uuml; nedir?\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">blok &ouml;d&uuml;l&uuml;<\/span> otomatik olarak yar&#305;ya iner. Bu <span class=\"\" title=\"Paribu S&ouml;zl&uuml;k: &#304;&#351;lem (transaction) nedir?\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">i&#351;lem<\/span> kodun kendisi taraf&#305;ndan y&uuml;r&uuml;t&uuml;l&uuml;r.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bir blok, a&#287;da ger&ccedil;ekle&#351;en transferlerin bir araya getirildi&#287;i veri paketidir. Madenciler bu bloklar&#305; Proof-of-Work (PoW) y&ouml;ntemiyle do&#287;rular. &#304;stenen sonucu ilk bulan madenci blo&#287;u ekler ve &ouml;d&uuml;l&uuml; kazan&#305;r.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">210.000 blo&#287;un ortalama 10 dakikal&#305;k s&uuml;relerle &uuml;retilmesi kabaca d&ouml;rt y&#305;la denk gelir. Bloklar bazen 10 dakikadan h&#305;zl&#305;, bazen daha yava&#351; &uuml;retilir. Bu y&uuml;zden halving tarihleri kesin olarak &ouml;nceden bilinemez, yaln&#305;zca tahmin edilir.<\/span><\/p>\n<h2><strong>Bitcoin halving neden yap&#305;l&#305;r?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Halving, Bitcoin&rsquo;in 21 milyonluk arz s&#305;n&#305;r&#305;n&#305; korumak ve enflasyonu d&uuml;&#351;&uuml;k tutmak i&ccedil;in tasarlanm&#305;&#351;t&#305;r. Yeni arz&#305;n h&#305;z&#305;n&#305; d&uuml;zenli olarak yava&#351;latarak dijital bir k&#305;tl&#305;k yarat&#305;r. Bu yap&#305;, s&#305;n&#305;rs&#305;z bas&#305;labilen itibari paralardan farkl&#305; olarak Bitcoin&rsquo;e deflasyonist bir karakter kazand&#305;r&#305;r.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin&rsquo;in kurucusu Satoshi Nakamoto, 2008&rsquo;de yay&#305;mlad&#305;&#287;&#305; Bitcoin teknik belgesinde toplam arz&#305; 21 milyon ile s&#305;n&#305;rlam&#305;&#351;t&#305;r. Halving, bu s&#305;n&#305;ra ula&#351;man&#305;n &ouml;nceden programlanm&#305;&#351; yoludur.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Her yar&#305;lanma yeni arz h&#305;z&#305;n&#305; ikiye b&ouml;ld&uuml;&#287;&uuml; i&ccedil;in Bitcoin&rsquo;in y&#305;ll&#305;k enflasyon oran&#305; da kabaca yar&#305;ya iner. 2024 yar&#305;lanmas&#305;n&#305;n ard&#305;ndan bu oran y&uuml;zde 1&rsquo;in alt&#305;na inmi&#351;tir.<\/span><\/p>\n<h2><strong>Ge&ccedil;mi&#351; Bitcoin halving tarihleri ve blok &ouml;d&uuml;lleri<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Bitcoin tarihinde bug&uuml;ne kadar d&ouml;rt yar&#305;lanma ger&ccedil;ekle&#351;mi&#351;tir. Her biri blok &ouml;d&uuml;l&uuml;n&uuml; tam olarak yar&#305;ya indirmi&#351;tir. A&#351;a&#287;&#305;da yar&#305;lanma tarihleri ve &ouml;d&uuml;llerin &ouml;zeti verilmi&#351;tir.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2009 (ba&#351;lang&#305;&ccedil;): <\/b><span style=\"font-weight: 400;\">Blok numaras&#305; 0&rsquo;d&#305;r. 50 BTC&rsquo;lik &ouml;d&uuml;lle ba&#351;lam&#305;&#351;t&#305;r.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2012 (ilk halving): <\/b><span style=\"font-weight: 400;\">Blok numaras&#305; 210.000&rsquo;dir. &Ouml;d&uuml;l 25 BTC&rsquo;ye inmi&#351;tir.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2016 (ikinci halving):<\/b><span style=\"font-weight: 400;\"> Blok numaras&#305; 420.000&rsquo;dir. &Ouml;d&uuml;l 12,5 BTC&rsquo;ye inmi&#351;tir.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2020 (&uuml;&ccedil;&uuml;nc&uuml; halving): <\/b><span style=\"font-weight: 400;\">Blok numaras&#305; 630.000&rsquo;dir. &Ouml;d&uuml;l 6,25 BTC&rsquo;ye inmi&#351;tir.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2024 (d&ouml;rd&uuml;nc&uuml; halving): <\/b><span style=\"font-weight: 400;\">Blok numaras&#305; 840.000&rsquo;dir. &Ouml;d&uuml;l 3,125 BTC&rsquo;ye inmi&#351;tir.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Son yar&#305;lanma 20 Nisan 2024&rsquo;te 840.000. blokta ger&ccedil;eklemi&#351;tir. Bir sonraki halving 1.050.000. blokta beklenirken tahmini tarih Nisan 2028&rsquo;dir. O tarihte blok &ouml;d&uuml;l&uuml; 1,5625 BTC seviyesine inecektir.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bu azalma yakla&#351;&#305;k 2140 y&#305;l&#305;na kadar s&uuml;rer. T&uuml;m Bitcoin&rsquo;lerin dola&#351;&#305;ma girmesinin ard&#305;ndan yeni arz durur ve toplam say&#305; 21 milyonda sabitlenir.<\/span><\/p>\n<h2><strong>Bitcoin halving fiyat&#305; nas&#305;l etkiler?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Halving, yeni arz&#305; azaltt&#305;&#287;&#305; i&ccedil;in teorik olarak fiyat &uuml;zerinde yukar&#305; y&ouml;nl&uuml; bask&#305; olu&#351;turabilir. Talep sabit kal&#305;r veya artarsa arz &#351;oku fiyat&#305; destekleyebilir. Ancak halving tek ba&#351;&#305;na fiyat art&#305;&#351;&#305;n&#305; garanti etmez. Makroekonomik ko&#351;ullar, faiz politikalar&#305; ve yat&#305;r&#305;mc&#305; davran&#305;&#351;&#305; da belirleyicidir.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.paribu.com\/gecmis-fiyat-performansi\/bitcoin\" target=\"_blank\" rel=\"noopener\">Tarihsel olarak fiyat<\/a> zirveleri yar&#305;lanman&#305;n hemen ard&#305;ndan de&#287;il, genellikle 12 ila 18 ay sonra olu&#351;mu&#351;tur. Ancak son d&ouml;ng&uuml; bu kal&#305;ptan k&#305;smen ayr&#305;&#351;m&#305;&#351;t&#305;r. Ocak 2024&rsquo;te i&#351;leme a&ccedil;&#305;lan spot Bitcoin ETF&rsquo;leri kurumsal talebi erken art&#305;rm&#305;&#351; ve Bitcoin, halving&rsquo;den &ouml;nce t&uuml;m zamanlar&#305;n en y&uuml;ksek seviyesine ula&#351;m&#305;&#351;t&#305;r.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ge&ccedil;mi&#351; getiriler d&ouml;ng&uuml;den d&ouml;ng&uuml;ye belirgin bi&ccedil;imde farkl&#305;d&#305;r. 2012 sonras&#305; art&#305;&#351; oran&#305; sonraki d&ouml;ng&uuml;lerdekinden &ccedil;ok daha y&uuml;ksektir. Piyasa b&uuml;y&uuml;d&uuml;k&ccedil;e ve kurumsal sermaye girdik&ccedil;e yar&#305;lanman&#305;n do&#287;rudan etkisi g&ouml;rece azalm&#305;&#351;t&#305;r. Bu nedenle ge&ccedil;mi&#351; performans kesin olarak gelecekteki fiyat&#305;n g&ouml;stergesi de&#287;ildir.<\/span><\/p>\n<h2><strong>Halving madencileri nas&#305;l etkiler?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Yar&#305;lanma, madencilerin gelirini do&#287;rudan etkiler. Blok &ouml;d&uuml;l&uuml; yar&#305;ya indi&#287;inde, ayn&#305; donan&#305;m ve ayn&#305; elektrik maliyetiyle kazan&#305;lan BTC miktar&#305; da yar&#305;ya iner. Bu durum baz&#305; madenciler i&ccedil;in &ouml;nemli sonu&ccedil;lar do&#287;urur.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Verimsiz donan&#305;m&#305;n elenmesi: <\/b><span style=\"font-weight: 400;\">Elektrik maliyeti gelirini a&#351;an madenciler faaliyetlerini durdurabilir veya daha ucuz enerjiye y&ouml;nelir.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Zorluk ayarlamas&#305;: <\/b><span style=\"font-weight: 400;\">A&#287;, madenci say&#305;s&#305; azalsa bile blok s&uuml;resini 10 dakikada tutmak i&ccedil;in zorlu&#287;u otomatik olarak yeniden hesaplar.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>&#304;&#351;lem &uuml;cretlerinin a&#287;&#305;rl&#305;&#287;&#305;: <\/b><span style=\"font-weight: 400;\">Blok &ouml;d&uuml;lleri azald&#305;k&ccedil;a madenci gelirinde transfer &uuml;cretlerinin pay&#305; zamanla artar.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Zorluk ayarlamas&#305; her 2016 blokta bir, yani yakla&#351;&#305;k iki haftada bir yap&#305;l&#305;r. Bloklar hedeflenen 10 dakikadan h&#305;zl&#305; &uuml;retilirse zorluk artar, yava&#351; &uuml;retilirse azal&#305;r.<\/span><\/p>\n<h2><strong>Bitcoin d&#305;&#351;&#305;nda hangi kripto varl&#305;klarda halving var?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Halving yaln&#305;zca Bitcoin&rsquo;e &ouml;zg&uuml; de&#287;ildir. Protokol&uuml;nde &ouml;d&uuml;l yar&#305;lanmas&#305; bulunan Proof-of-Work (PoW) tabanl&#305; a&#287;larda benzer mekanizmalar g&ouml;r&uuml;l&uuml;r. <span class=\" cmtt_Kripto Para\" title=\"Paribu S&ouml;zl&uuml;k: Litecoin (LTC) nedir?\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Litecoin<\/span> (LTC) ve <span class=\" cmtt_Kripto Para\" title=\"Paribu S&ouml;zl&uuml;k: BCH (Bitcoin Cash) nedir?\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Bitcoin Cash<\/span> (BCH) bunlar&#305;n en bilinen &ouml;rnekleridir.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Litecoin&rsquo;de yar&#305;lanma her 840.000 blokta bir ger&ccedil;ekle&#351;ir ve o da yakla&#351;&#305;k d&ouml;rt y&#305;ll&#305;k bir d&ouml;ng&uuml; izler. Bitcoin Cash ise Bitcoin ile ayn&#305; arz s&#305;n&#305;r&#305;n&#305; ve benzer yar&#305;lanma takvimini payla&#351;&#305;r.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&Ouml;te yandan t&uuml;m kripto varl&#305;klarda halving bulunmaz. Proof-of-Stake (PoS) gibi farkl&#305; konsens&uuml;s y&ouml;ntemleri kullanan a&#287;lar&#305;n &ccedil;o&#287;u, arz&#305; bamba&#351;ka mekanizmalarla d&uuml;zenler.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kripto para birimlerinin &ouml;nc&uuml;s&uuml; olan Bitcoin (BTC), halving, T&uuml;rk&ccedil;esiyle Bitcoin yar&#305;lanma olarak bilinen bir i&#351;leme tabi tutulur. Bu yar&#305;lanma i&#351;lemi 4 y&#305;lda bir ger&ccedil;ekle&#351;ir.<\/p>\n","protected":false},"author":1,"featured_media":24224,"menu_order":0,"template":"","meta":{"footnotes":""},"glossary-categories":[],"glossary-tags":[],"glossary-languages":[],"class_list":["post-2406","glossary","type-glossary","status-publish","has-post-thumbnail","hentry"],"post_title":"Bitcoin yar\u0131lanma (halving) nedir?","post_content":"Kripto para birimlerinin \u00f6nc\u00fcs\u00fc olan Bitcoin (BTC), halving, T\u00fcrk\u00e7esiyle Bitcoin yar\u0131lanma olarak bilinen bir i\u015fleme tabi tutulur. Bu yar\u0131lanma i\u015flemi 4 y\u0131lda bir ger\u00e7ekle\u015fir.\u00a0Yar\u0131lanma i\u015flemi Bitcoin\u2019in gizemli mucidi Satoshi Nakamoto taraf\u0131ndan kullan\u0131lan protokole entegre edilmi\u015ftir.\r\n\r\nYar\u0131lanma i\u015flemi tamamland\u0131ktan sonra, yeni Bitcoin arz\u0131, madenciler i\u00e7in blok \u00fcretim \u00f6d\u00fcllerini yar\u0131ya indirecek \u015fekilde d\u00fczenlenir. Yar\u0131ya inme meydana geldi\u011finde, madenciler i\u015flemlerini do\u011frulad\u0131klar\u0131 i\u00e7in %50 daha az Bitcoin (BTC) \u00f6d\u00fcl\u00fc al\u0131rlar.\r\n\r\nYar\u0131lanma, BTC'nin operasyonel verimlili\u011fini art\u0131rmak i\u00e7in ger\u00e7ekle\u015fir. Ayr\u0131ca, a\u011f \u00fccretleri \u00f6nemli \u00f6l\u00e7\u00fcde azal\u0131r, bu da sonu\u00e7 olarak Bitcoin'e olan talebi artt\u0131r\u0131r.\r\n<h2><strong>Bitcoin halving nas\u0131l \u00e7al\u0131\u015f\u0131r?<\/strong><\/h2>\r\n<span style=\"font-weight: 400;\">Halving, takvime de\u011fil blok y\u00fcksekli\u011fine ba\u011fl\u0131 \u00e7al\u0131\u015f\u0131r. Bitcoin a\u011f\u0131nda bloklar ortalama 10 dakikada bir \u00fcretilir. A\u011f her 210.000 blo\u011fa ula\u015ft\u0131\u011f\u0131nda blok \u00f6d\u00fcl\u00fc otomatik olarak yar\u0131ya iner. Bu i\u015flem kodun kendisi taraf\u0131ndan y\u00fcr\u00fct\u00fcl\u00fcr.<\/span>\r\n\r\n<span style=\"font-weight: 400;\">Bir blok, a\u011fda ger\u00e7ekle\u015fen transferlerin bir araya getirildi\u011fi veri paketidir. Madenciler bu bloklar\u0131 Proof-of-Work (PoW) y\u00f6ntemiyle do\u011frular. \u0130stenen sonucu ilk bulan madenci blo\u011fu ekler ve \u00f6d\u00fcl\u00fc kazan\u0131r.<\/span>\r\n\r\n<span style=\"font-weight: 400;\">210.000 blo\u011fun ortalama 10 dakikal\u0131k s\u00fcrelerle \u00fcretilmesi kabaca d\u00f6rt y\u0131la denk gelir. Bloklar bazen 10 dakikadan h\u0131zl\u0131, bazen daha yava\u015f \u00fcretilir. Bu y\u00fczden halving tarihleri kesin olarak \u00f6nceden bilinemez, yaln\u0131zca tahmin edilir.<\/span>\r\n<h2><strong>Bitcoin halving neden yap\u0131l\u0131r?<\/strong><\/h2>\r\n<span style=\"font-weight: 400;\">Halving, Bitcoin'in 21 milyonluk arz s\u0131n\u0131r\u0131n\u0131 korumak ve enflasyonu d\u00fc\u015f\u00fck tutmak i\u00e7in tasarlanm\u0131\u015ft\u0131r. Yeni arz\u0131n h\u0131z\u0131n\u0131 d\u00fczenli olarak yava\u015flatarak dijital bir k\u0131tl\u0131k yarat\u0131r. Bu yap\u0131, s\u0131n\u0131rs\u0131z bas\u0131labilen itibari paralardan farkl\u0131 olarak Bitcoin'e deflasyonist bir karakter kazand\u0131r\u0131r.<\/span>\r\n\r\n<span style=\"font-weight: 400;\">Bitcoin'in kurucusu Satoshi Nakamoto, 2008'de yay\u0131mlad\u0131\u011f\u0131 Bitcoin teknik belgesinde toplam arz\u0131 21 milyon ile s\u0131n\u0131rlam\u0131\u015ft\u0131r. Halving, bu s\u0131n\u0131ra ula\u015fman\u0131n \u00f6nceden programlanm\u0131\u015f yoludur.<\/span>\r\n\r\n<span style=\"font-weight: 400;\">Her yar\u0131lanma yeni arz h\u0131z\u0131n\u0131 ikiye b\u00f6ld\u00fc\u011f\u00fc i\u00e7in Bitcoin'in y\u0131ll\u0131k enflasyon oran\u0131 da kabaca yar\u0131ya iner. 2024 yar\u0131lanmas\u0131n\u0131n ard\u0131ndan bu oran y\u00fczde 1'in alt\u0131na inmi\u015ftir.<\/span>\r\n<h2><strong>Ge\u00e7mi\u015f Bitcoin halving tarihleri ve blok \u00f6d\u00fclleri<\/strong><\/h2>\r\n<span style=\"font-weight: 400;\">Bitcoin tarihinde bug\u00fcne kadar d\u00f6rt yar\u0131lanma ger\u00e7ekle\u015fmi\u015ftir. Her biri blok \u00f6d\u00fcl\u00fcn\u00fc tam olarak yar\u0131ya indirmi\u015ftir. A\u015fa\u011f\u0131da yar\u0131lanma tarihleri ve \u00f6d\u00fcllerin \u00f6zeti verilmi\u015ftir.<\/span>\r\n<ul>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2009 (ba\u015flang\u0131\u00e7): <\/b><span style=\"font-weight: 400;\">Blok numaras\u0131 0\u2019d\u0131r. 50 BTC\u2019lik \u00f6d\u00fclle ba\u015flam\u0131\u015ft\u0131r.<\/span><\/li>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2012 (ilk halving): <\/b><span style=\"font-weight: 400;\">Blok numaras\u0131 210.000\u2019dir. \u00d6d\u00fcl 25 BTC\u2019ye inmi\u015ftir.<\/span><\/li>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2016 (ikinci halving):<\/b><span style=\"font-weight: 400;\"> Blok numaras\u0131 420.000\u2019dir. \u00d6d\u00fcl 12,5 BTC\u2019ye inmi\u015ftir.<\/span><\/li>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2020 (\u00fc\u00e7\u00fcnc\u00fc halving): <\/b><span style=\"font-weight: 400;\">Blok numaras\u0131 630.000\u2019dir. \u00d6d\u00fcl 6,25 BTC\u2019ye inmi\u015ftir.<\/span><\/li>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\"><b>2024 (d\u00f6rd\u00fcnc\u00fc halving): <\/b><span style=\"font-weight: 400;\">Blok numaras\u0131 840.000\u2019dir. \u00d6d\u00fcl 3,125 BTC\u2019ye inmi\u015ftir.<\/span><\/li>\r\n<\/ul>\r\n<span style=\"font-weight: 400;\">Son yar\u0131lanma 20 Nisan 2024'te 840.000. blokta ger\u00e7eklemi\u015ftir. Bir sonraki halving 1.050.000. blokta beklenirken tahmini tarih Nisan 2028'dir. O tarihte blok \u00f6d\u00fcl\u00fc 1,5625 BTC seviyesine inecektir.<\/span>\r\n\r\n<span style=\"font-weight: 400;\">Bu azalma yakla\u015f\u0131k 2140 y\u0131l\u0131na kadar s\u00fcrer. T\u00fcm Bitcoin'lerin dola\u015f\u0131ma girmesinin ard\u0131ndan yeni arz durur ve toplam say\u0131 21 milyonda sabitlenir.<\/span>\r\n<h2><strong>Bitcoin halving fiyat\u0131 nas\u0131l etkiler?<\/strong><\/h2>\r\n<span style=\"font-weight: 400;\">Halving, yeni arz\u0131 azaltt\u0131\u011f\u0131 i\u00e7in teorik olarak fiyat \u00fczerinde yukar\u0131 y\u00f6nl\u00fc bask\u0131 olu\u015fturabilir. Talep sabit kal\u0131r veya artarsa arz \u015foku fiyat\u0131 destekleyebilir. Ancak halving tek ba\u015f\u0131na fiyat art\u0131\u015f\u0131n\u0131 garanti etmez. Makroekonomik ko\u015fullar, faiz politikalar\u0131 ve yat\u0131r\u0131mc\u0131 davran\u0131\u015f\u0131 da belirleyicidir.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400;\"><a href=\"https:\/\/www.paribu.com\/gecmis-fiyat-performansi\/bitcoin\" target=\"_blank\" rel=\"noopener\">Tarihsel olarak fiyat<\/a> zirveleri yar\u0131lanman\u0131n hemen ard\u0131ndan de\u011fil, genellikle 12 ila 18 ay sonra olu\u015fmu\u015ftur. Ancak son d\u00f6ng\u00fc bu kal\u0131ptan k\u0131smen ayr\u0131\u015fm\u0131\u015ft\u0131r. Ocak 2024'te i\u015fleme a\u00e7\u0131lan spot Bitcoin ETF'leri kurumsal talebi erken art\u0131rm\u0131\u015f ve Bitcoin, halving'den \u00f6nce t\u00fcm zamanlar\u0131n en y\u00fcksek seviyesine ula\u015fm\u0131\u015ft\u0131r.\u00a0<\/span>\r\n\r\n<span style=\"font-weight: 400;\">Ge\u00e7mi\u015f getiriler d\u00f6ng\u00fcden d\u00f6ng\u00fcye belirgin bi\u00e7imde farkl\u0131d\u0131r. 2012 sonras\u0131 art\u0131\u015f oran\u0131 sonraki d\u00f6ng\u00fclerdekinden \u00e7ok daha y\u00fcksektir. Piyasa b\u00fcy\u00fcd\u00fck\u00e7e ve kurumsal sermaye girdik\u00e7e yar\u0131lanman\u0131n do\u011frudan etkisi g\u00f6rece azalm\u0131\u015ft\u0131r. Bu nedenle ge\u00e7mi\u015f performans kesin olarak gelecekteki fiyat\u0131n g\u00f6stergesi de\u011fildir.<\/span>\r\n<h2><strong>Halving madencileri nas\u0131l etkiler?<\/strong><\/h2>\r\n<span style=\"font-weight: 400;\">Yar\u0131lanma, madencilerin gelirini do\u011frudan etkiler. Blok \u00f6d\u00fcl\u00fc yar\u0131ya indi\u011finde, ayn\u0131 donan\u0131m ve ayn\u0131 elektrik maliyetiyle kazan\u0131lan BTC miktar\u0131 da yar\u0131ya iner. Bu durum baz\u0131 madenciler i\u00e7in \u00f6nemli sonu\u00e7lar do\u011furur.<\/span>\r\n<ul>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Verimsiz donan\u0131m\u0131n elenmesi: <\/b><span style=\"font-weight: 400;\">Elektrik maliyeti gelirini a\u015fan madenciler faaliyetlerini durdurabilir veya daha ucuz enerjiye y\u00f6nelir.<\/span><\/li>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Zorluk ayarlamas\u0131: <\/b><span style=\"font-weight: 400;\">A\u011f, madenci say\u0131s\u0131 azalsa bile blok s\u00fcresini 10 dakikada tutmak i\u00e7in zorlu\u011fu otomatik olarak yeniden hesaplar.<\/span><\/li>\r\n \t<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u0130\u015flem \u00fccretlerinin a\u011f\u0131rl\u0131\u011f\u0131: <\/b><span style=\"font-weight: 400;\">Blok \u00f6d\u00fclleri azald\u0131k\u00e7a madenci gelirinde transfer \u00fccretlerinin pay\u0131 zamanla artar.<\/span><\/li>\r\n<\/ul>\r\n<span style=\"font-weight: 400;\">Zorluk ayarlamas\u0131 her 2016 blokta bir, yani yakla\u015f\u0131k iki haftada bir yap\u0131l\u0131r. Bloklar hedeflenen 10 dakikadan h\u0131zl\u0131 \u00fcretilirse zorluk artar, yava\u015f \u00fcretilirse azal\u0131r.<\/span>\r\n<h2><strong>Bitcoin d\u0131\u015f\u0131nda hangi kripto varl\u0131klarda halving var?<\/strong><\/h2>\r\n<span style=\"font-weight: 400;\">Halving yaln\u0131zca Bitcoin'e \u00f6zg\u00fc de\u011fildir. Protokol\u00fcnde \u00f6d\u00fcl yar\u0131lanmas\u0131 bulunan Proof-of-Work (PoW) tabanl\u0131 a\u011flarda benzer mekanizmalar g\u00f6r\u00fcl\u00fcr. Litecoin (LTC) ve Bitcoin Cash (BCH) bunlar\u0131n en bilinen \u00f6rnekleridir.<\/span>\r\n\r\n<span style=\"font-weight: 400;\">Litecoin'de yar\u0131lanma her 840.000 blokta bir ger\u00e7ekle\u015fir ve o da yakla\u015f\u0131k d\u00f6rt y\u0131ll\u0131k bir d\u00f6ng\u00fc izler. Bitcoin Cash ise Bitcoin ile ayn\u0131 arz s\u0131n\u0131r\u0131n\u0131 ve benzer yar\u0131lanma takvimini payla\u015f\u0131r.<\/span>\r\n\r\n<span style=\"font-weight: 400;\">\u00d6te yandan t\u00fcm kripto varl\u0131klarda halving bulunmaz. Proof-of-Stake (PoS) gibi farkl\u0131 konsens\u00fcs y\u00f6ntemleri kullanan a\u011flar\u0131n \u00e7o\u011fu, arz\u0131 bamba\u015fka mekanizmalarla d\u00fczenler.<\/span>","_links":{"self":[{"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/glossary\/2406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":4,"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/glossary\/2406\/revisions"}],"predecessor-version":[{"id":26285,"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/glossary\/2406\/revisions\/26285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/media\/24224"}],"wp:attachment":[{"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/media?parent=2406"}],"wp:term":[{"taxonomy":"glossary-categories","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/glossary-categories?post=2406"},{"taxonomy":"glossary-tags","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/glossary-tags?post=2406"},{"taxonomy":"glossary-languages","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/wp-json\/wp\/v2\/glossary-languages?post=2406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}