The countdown to Bitcoin halving begins in just one year

Bitcoin halving every four years basically determines the boom and bust cycle of the cryptocurrency market. The next Bitcoin halving will occur at block 840,000, which is 366 days from today.

When the next Bitcoin halving date arrives in 2024, the Bitcoin halving will reduce the block reward from 6.25 BTC to 3.125 BTC. The next Bitcoin halving is predicted to occur on Saturday, April 27, 2024 at 05:03:39 PM UTC.

The Bitcoin Halving Countdown Clock showing the Bitcoin Halving 2024 date is based on the latest block height of 787,076 and a defined block time of 600 seconds per block.

Bitcoin halving date

Bitcoin halving is scheduled to take place every 210,000 blocks. So far, there have been three Bitcoin halving dates: 2012, 2016, and 2020.

The Bitcoin halving countdown shown above is for the next halving scheduled to occur in 2024. The Bitcoin halving dates below are the BTC halving dates that have already occurred.

History of Bitcoin Halving Dates

Bitcoin halving chart

The Bitcoin halving chart shows the Bitcoin block reward (subsidy) halving schedule predetermined in the Bitcoin protocol. When a Bitcoin block is finalized with a valid hash, this Bitcoin (BTC) block reward is given to the miner or mining pool.

When is the next Bitcoin halving?

According to the Bitcoin Halving Countdown, the next Bitcoin halving date is set at block 840,000 — predicted to occur on April 27, 2024 at 05:03:39 PM UTC.

On Bitcoin halving day — the block reward is scheduled to drop from 6.25 bitcoins per block to 3.125 bitcoins per block.

When was the last Bitcoin halving?

The last Bitcoin halving occurred at block 630,000 at 7:23:43 UTC on May 11, 2020. At that time, the Bitcoin block reward dropped from 12.5 BTC to 6.25 BTC and was halved.

When will the Bitcoin halving occur?

According to the Bitcoin halving schedule, the next BTC halving 2024 is predicted to be at block 840,000, scheduled for April 27, 2024 at 05:03:39 PM CST.

During a Bitcoin halving, the block reward will be cut in half, and therefore the revenue for every Bitcoin mining operation (regardless of size) will also be cut in half.

This period is extremely difficult for miners, and in turn, some miners will have no choice but to shut down their mining machines or find more profitable cryptocurrencies to mine.

You can use the Bitcoin Mining Calculator ( https://www.coinwarz.com/mining/bitcoin/calculator ) to estimate the mining rewards when the block reward is halved.

What is Bitcoin Halving?

Bitcoin halving is a term used to determine the schedule of block reward subsidy. The Bitcoin protocol defines the Bitcoin halving cycle, where the Bitcoin block reward is halved every 210,000 blocks.

Given that the Bitcoin block reward is halved from 50, to 25, to 12.5, to 6.25, this process and schedule is called the Bitcoin block reward halving.