Bitcoin Halving Countdown
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Days
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Hours
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Minutes
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Seconds
42.3%
Complete
Halving #
5
Current Block
928,895
Target Block
1,050,000
Blocks Left
121,105
Current Reward
3.125 BTC
After Halving
1.5625 BTC
Estimated Date:
April 10, 2028
Bitcoin Halving History
| Halving | Date | Block | Reward | BTC Price |
|---|---|---|---|---|
| #1 | 2012-11-28 | 210,000 | 50 25 BTC | $12 |
| #2 | 2016-07-09 | 420,000 | 25 12.5 BTC | $650 |
| #3 | 2020-05-11 | 630,000 | 12.5 6.25 BTC | $8,700 |
| #4 | 2024-04-20 | 840,000 | 6.25 3.125 BTC | $64,000 |
What is Bitcoin Halving?
Bitcoin halving is an event that occurs approximately every four years, or after every 210,000 blocks are mined. During a halving event, the reward that Bitcoin miners receive for adding new blocks to the blockchain is cut in half.
Why Does Halving Matter?
- Controls Bitcoin's inflation rate by reducing new supply
- Creates scarcity, similar to precious metals like gold
- Historically preceded significant price increases
- Part of Bitcoin's fixed monetary policy of 21 million total coins
Key Facts
21M Max Supply
210K Blocks Per Era
~4 Year Cycle
32 Total Halvings
Year 2140 Last BTC