BTC Halving Countdown
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The 5th halving block height is 1,050,000, remaining blocks until halving: -- blocks, estimated halving date ≈ --
BTC Total Supply
--
BTC Mined
--
Current Block Reward
-- BTC
Post-Halving Block Reward
-- BTC
What is Bitcoin Halving?
Bitcoin mining adjusts block time dynamically based on hashrate and difficulty, forming a new block approximately every 10 minutes. Every 210,000 blocks, the mining reward is halved.
Why is Bitcoin Halving Important?
Bitcoin's halving mechanism helps ensure that the 21 million BTC will be gradually distributed over time. Unlike fiat currencies issued by governments, Bitcoin's supply cannot be inflated arbitrarily.
Therefore, Bitcoin can be considered a deflationary currency and may serve as an interesting asset class for hedging against inflation.
Historical Bitcoin Halving Dates?
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2012-11-28 23:24:38
The first halving occurred when the blockchain completed 210,000 blocks, reducing the mining reward from 50 BTC to 25 BTC, with inflation dropping to 8.3%.
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2016-07-10 00:46:13
The second halving occurred at block height 420,000, reducing the block reward from 25 BTC to 12.5 BTC, inflation dropping to 4.17%.
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2020-05-12 03:23:43
The third halving occurred at block height 630,000, reducing the block reward by 50% from 12.5 BTC to 6.25 BTC, inflation dropping to 1.79%.
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2024-04-20 08:09:00
The fourth halving occurred at block height 840,000, reducing the block reward by 50% from 6.25 BTC to 3.125 BTC.
When is the Next Bitcoin Halving Expected?
The fifth Bitcoin halving will be at block height 1,050,000. Estimated time, please refer to the countdown data above.
Note: All time calculations on this page use UTC+8.