Halving in the Zcash network (ZEC)

The Zcash network splits the reward in half every 1,680,000 blocks. Below: the countdown, the way the date is worked out and a record of the previous ones.

To the event (estimate) 368 d

Blocks left: 848,588
Approximate date: ≈ Nov 13, 2027
Current block: 3,557,812
Block reward: 1.5625 → 0.78125 ZEC

Period covered: 49.49%

Zcash ZEC

Price: $1,139.17
24 hours: −5.79%
Week: +1.93%
Market cap: $19.39 B
24-hour turnover: $825.67 M
Rank by cap: #10
In circulation: 17.03 M ZEC
All-time high: $3,191.93

Halving: what it comes down to

The rule is wired into the code of the coin: 1,680,000 blocks pass and the block reward is cut in half. New ZEC appears at a slower pace until issuance runs up against its limit of 21 M ZEC.

The Blossom upgrade in December 2019 shortened the Zcash block from 150 seconds to 75. The reward was cut in half at the same time so that the pace of issuance would stay as it was (6.25 ZEC per 75 seconds in place of 12.5 ZEC per 150), and the halving interval was doubled: that is why it still arrives roughly once every four years.

How we arrive at the date

We count from the number of blocks remaining and the average block length over the past day (~37.5 sec). Blocks arrive unevenly, so the estimate drifts by several days: the halving waits for block 4,406,400, and the calendar has nothing to do with it.

History of Zcash halvings

#	Height	When	Reward in ZEC
1	1,046,400	Nov 18, 2020	6.25 → 3.125 ZEC
2	2,726,400	Nov 2024	3.125 → 1.5625 ZEC
3	4,406,400	≈ Nov 13, 2027 (not yet happened)	1.5625 → 0.78125 ZEC
4	6,086,400	≈ Nov 11, 2029 (not yet happened)	0.78125 → 0.390625 ZEC

ZEC issuance as of today

17.03 M ZEC have been issued against a limit of 21 M — that is 81.11% of it. Around 3.97 M ZEC are still unmined.

ZEC exchange: available directions

Zcash halving: short answers

When is the Zcash halving expected?

The reference point is Nov 13, 2027, block 4,406,400. 848,588 blocks remain until then.

What will the block reward be after the event?

A block will pay 0.78125 ZEC in place of 1.5625.

When did the previous Zcash halving take place?

Nov 2024, block 2,726,400: the reward fell then from 3.125 to 1.5625 ZEC.

How much ZEC is still to be mined?

Around 3.97 M ZEC against a limit of 21 M.

Will ZEC rise because of the halving?

It does halve the arrival of new ZEC, 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 10, 2026 12:57.

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