Bitcoin Halving 2024

Discover the next Bitcoin halving dates, what is Bitcoin halving, what is the Bitcoin 4-year cycle and tips to best approach Bitcoin halving.

Buy Bitcoin

Bitcoin halving countdown

The Bitcoin halving countdown displayed is merely indicative, as the precise date of the next halving depends on the rate of block creation, which varies per day.

03

Days

19

Hours

33

Minutes

56

Seconds

What is a Bitcoin halving?

Bitcoin halving explained

Bitcoin halving happens around every four years and reduces by half the reward for mining new Bitcoins. Each halving decreases the number of new Bitcoins awarded to miners for each block mined. The periodic halvings control new Bitcoin supply, fight inflation, and keep Bitcoin scarce. Satoshi Nakamoto integrated it into Bitcoin's design, limiting total coins to 21 million.

What does it mean for you?

Bitcoin Halving plays a central role in controlling the amount of new Bitcoin introduced into the market, making the cryptocurrency more akin to a store of value like gold rather than a fiat currency. It boosts value, curbs inflation, and encourages mining, potentially raising prices with high demand.

Why the months prior are important

Bitcoin halving can drive up prices by limiting new supply, but it also reduces miner earnings and could impact network security, potentially affecting Bitcoin's stability.

Bitcoin halving dates

To date, 3 Bitcoin halvings have occurred: in 2012, the block reward reduced from 50 BTC to 25 BTC; in 2016, it decreased to 12.5 BTC; and in May 2020, it settled at 6.25 BTC. The fourth halving is anticipated in 2024, lowering the reward to 3.125 BTC.