Bitcoin Halving Countdown
Fifth halving · block 1,050,000 · estimated March 2028
Bitcoin halving history
| # | Block | Date | Reward (BTC) |
|---|---|---|---|
| 1 | 210,000 | 2012-11-28 | 50 → 25 |
| 2 | 420,000 | 2016-07-09 | 25 → 12.5 |
| 3 | 630,000 | 2020-05-11 | 12.5 → 6.25 |
| 4 | 840,000 | 2024-04-20 | 6.25 → 3.125 |
| 5 | 1,050,000 | ~March 2028 (est.) | 3.125 → 1.5625 |
Why traders watch the halving
A halving cuts Bitcoin's new supply in half, which is why past cycles have been followed by large price moves in the months after. Past cycles do not guarantee the next one, and the market prices part of the event in advance. Watch it alongside the Fear & Greed Index today, the BTC funding rate and the Bitcoin analysis.
FAQ
When is the next Bitcoin halving?
The next Bitcoin halving is at block 1,050,000. The chain is at block 973,692, so 76,308 blocks remain (about 500 days). At the current average block time the estimated date is March 2028. The block reward will fall from 3.125 to 1.5625 BTC.
What is the Bitcoin halving?
Every 210,000 blocks (about four years) Bitcoin's protocol automatically cuts the block mining reward in half, slowing the issuance of new coins toward the 21 million cap.
Why is the date an estimate?
The halving is tied to a block number, not a calendar date. Block times vary around 10 minutes, so the date is projected from the recent average block time and keeps updating.
What will the block reward be after the next halving?
It drops from 3.125 to 1.5625 BTC per block.
Source: block height and average block time from mempool.space.
