Halving in the Bitcoin network (BTC)

The Bitcoin network splits the reward in half every 210,000 blocks. Below: the countdown, the way the date is worked out and a record of the previous ones.

To the event (estimate) 535 d

Blocks left: 75,470
Approximate date: ≈ Apr 22, 2028
Current block: 974,530
Block reward: 3.125 → 1.5625 BTC

Period covered: 64.06%

Bitcoin BTC

Price: $78,303.00
24 hours: +1.31%
Week: −3.73%
Market cap: $1.57 T
24-hour turnover: $31.18 B
Rank by cap: #1
In circulation: 20.11 M BTC
All-time high: $126,080.00

Halving: what it comes down to

The rule is wired into the code of the coin: 210,000 blocks pass and the block reward is cut in half. New BTC appears at a slower pace until issuance runs up against its limit of 21 M BTC.

How we arrive at the date

We count from the number of blocks remaining and the average block length over the past day (~10.2 min). Blocks arrive unevenly, so the estimate drifts by several days: the halving waits for block 1,050,000, and the calendar has nothing to do with it.

History of Bitcoin halvings

#	Height	When	Reward in BTC
1	210,000	Nov 28, 2012	50 → 25 BTC
2	420,000	Jul 9, 2016	25 → 12.5 BTC
3	630,000	May 11, 2020	12.5 → 6.25 BTC
4	840,000	Apr 20, 2024	6.25 → 3.125 BTC
5	1,050,000	≈ Apr 22, 2028 (not yet happened)	3.125 → 1.5625 BTC
6	1,260,000	≈ May 21, 2032 (not yet happened)	1.5625 → 0.78125 BTC

BTC issuance as of today

20.11 M BTC have been issued against a limit of 21 M — that is 95.74% of it. Around 894.64 K BTC are still unmined. The final BTC are expected to be mined by about 2140.

BTC exchange: available directions

Bitcoin halving: short answers

When is the Bitcoin halving expected?

The reference point is Apr 22, 2028, block 1,050,000. 75,470 blocks remain until then.

What will the block reward be after the event?

A block will pay 1.5625 BTC in place of 3.125.

When did the previous Bitcoin halving take place?

Apr 20, 2024, block 840,000: the reward fell then from 6.25 to 3.125 BTC.

How much BTC is still to be mined?

Around 894.64 K BTC against a limit of 21 M. The final BTC are expected to be mined by about 2140.

Will BTC rise because of the halving?

It does halve the arrival of new BTC, but the price is driven by far more than that alone. Past halvings serve as no promise for the future; this is not investment advice.

Blocks are taken from Blockchair, data as of Nov 4, 2026 18:27.

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