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5th Bitcoin halving

Bitcoin halving countdown

The next halving cuts the block reward from 3.125 BTC to 1.5625 BTC at block 1,050,000. Estimated April 13, 2028.

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Estimate based on the live block height and Bitcoin's ~10-minute average block time.

Blocks remaining

96,445

Current block height

953,555

Halving block

1,050,000

Reward: now → after

3.125 → 1.5625 BTC

Past Bitcoin halvings

Date Block Block reward
2009-01-03 0 Genesis — 50 BTC
2012-11-28 210,000 50 → 25 BTC
2016-07-09 420,000 25 → 12.5 BTC
2020-05-11 630,000 12.5 → 6.25 BTC
2024-04-20 840,000 6.25 → 3.125 BTC
~April 13, 2028 1,050,000 3.125 → 1.5625 BTC

What is the Bitcoin halving?

About every four years — precisely every 210,000 blocks — the reward miners earn for adding a block to the Bitcoin blockchain is cut in half. This rule is hard-coded into Bitcoin and steadily slows the creation of new coins until the supply reaches its 21 million cap. The reward began at 50 BTC in 2009 and has now halved four times, down to 3.125 BTC. The next halving will take it to 1.5625 BTC.

FAQ

When is the next Bitcoin halving?
The next Bitcoin halving is estimated around April 13, 2028, when block 1,050,000 is mined. The exact date depends on how fast blocks are found, so the countdown is an estimate based on the current block height and Bitcoin's ~10-minute average block time.
What is the Bitcoin halving?
Every 210,000 blocks (roughly every four years) the reward miners receive for adding a block is cut in half. This is built into Bitcoin’s code and steadily reduces the rate at which new bitcoin is created, capping the total supply at 21 million.
How does the halving affect the block reward?
The current block reward is 3.125 BTC. After the next halving it will drop to 1.5625 BTC. It started at 50 BTC in 2009 and has halved four times so far.