Bitcoin Halving Countdown
Track the countdown to the next Bitcoin halving event and explore halving history.
Halving Progress
Bitcoin Halving History
| Halving | Date | Block | Reward | Price at Halving | Price 1Y After | 1Y Return |
|---|---|---|---|---|---|---|
| #1 | 2012-11-28 | 210,000 | 50 → 25 BTC | $12.35 | $1,017 | +8,135% |
| #2 | 2016-07-09 | 420,000 | 25 → 12.5 BTC | $651 | $2,526 | +288% |
| #3 | 2020-05-11 | 630,000 | 12.5 → 6.25 BTC | $8,821 | $56,704 | +543% |
| #4 | 2024-04-19 | 840,000 | 6.25 → 3.125 BTC | $63,846 | TBD | - |
| #5 (Next) | ~2029-05-03 | 1,050,000 | 3.125 → 1.5625 BTC | Upcoming | ||
Historical Price Impact
How Bitcoin price responded in the year after each halving
Disclaimer: Past performance does not guarantee future results. Cryptocurrency investments carry significant risk. Always do your own research.
What is Bitcoin Halving?
Supply Reduction
Every 210,000 blocks (~4 years), the Bitcoin block reward is cut in half. This reduces the rate of new BTC creation, enforcing scarcity. There will only ever be 21 million Bitcoin.
Miner Impact
Miners receive fewer BTC per block after a halving. Less efficient miners may drop off, but if the price rises, mining remains profitable. The network adjusts difficulty automatically.
Historical Pattern
Each of the first three halvings was followed by a major bull run within 12-18 months. While not guaranteed, reduced supply with constant or growing demand has historically driven prices higher.
Bitcoin Supply Schedule
Related Tools
Frequently Asked Questions
When is the next Bitcoin halving?
The next Bitcoin halving (#5) is estimated to occur around 2029-05-03 at block height 1,050,000. The block reward will decrease from 3.125 BTC to 1.5625 BTC per block.
What is Bitcoin halving?
Bitcoin halving is a pre-programmed event that occurs every 210,000 blocks (approximately every 4 years) where the block reward given to miners is cut in half. This reduces the rate of new Bitcoin creation, making BTC more scarce over time. There will only ever be 21 million Bitcoin.
How does Bitcoin halving affect the price?
Historically, Bitcoin has experienced significant price increases in the 12-18 months following each halving. After the 2012 halving, BTC rose from $12 to over $1,000. After 2016, from $650 to $20,000. After 2020, from $8,800 to $69,000. However, past performance does not guarantee future results.
How many Bitcoin halvings are left?
There have been 4 halvings so far. Bitcoin will continue halving approximately every 4 years until all 21 million BTC have been mined, expected around the year 2140. There are approximately 28 halvings remaining.
What happens when all Bitcoin is mined?
When all 21 million Bitcoin have been mined (estimated around 2140), miners will no longer receive block rewards. Instead, they will be incentivized solely by transaction fees. This transition is expected to happen gradually as block rewards become increasingly small with each halving.