Bitcoin Halving
The next Bitcoin halving is expected around April 2028, about 521 days from now. The reward for each new block will drop from 3.125 BTC to 1.5625 BTC.
Next halving (estimate)~April 2028
Days left (approx.)521
Reward now3.125 BTC
Reward after1.5625 BTC
Bitcoin price now$73,568.76
Every Bitcoin halving
| Halving | Date | Block | Reward after |
|---|---|---|---|
| Launch | Jan 3, 2009 | 0 | 50 BTC |
| 1st | Nov 28, 2012 | 210,000 | 25 BTC |
| 2nd | Jul 9, 2016 | 420,000 | 12.5 BTC |
| 3rd | May 11, 2020 | 630,000 | 6.25 BTC |
| 4th | Apr 20, 2024 | 840,000 | 3.125 BTC |
| 5th (next) | ~April 2028 (estimate) | 1,050,000 | 1.5625 BTC |
The exact date depends on how fast blocks are found (about one every 10 minutes).
What is the halving, simply?
New bitcoins are created as a reward for "miners" who secure the network. Every 210,000 blocks (about four years), that reward is cut in half. Fewer new coins are created, and there will never be more than 21 million.
In the past, big price rises came in the year or two after a halving, but many other things moved the price too, and the past does not promise the future. Read the full guide.
Frequently asked questions
When is the next Bitcoin halving?
Around April 2028, at block 1,050,000.
When was the last Bitcoin halving?
April 20, 2024, at block 840,000. The reward fell to 3.125 BTC.
How many Bitcoin halvings will there be?
About 33 in total, until roughly the year 2140, when the last bitcoin is created.
