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BTC Halving Countdown
Track the fifth Bitcoin halving countdown, estimated date, target block height, cycle progress, historical halvings and BTC price cycles on Feixiaohao.
Until the 5th BTC halving
Estimated 2028-04-13 · target block height 1,050,000
5 2 7 Days
1 4 Hours
0 7 Minutes
Current block height 961,897 · about 88,103 blocks to go
Current halving cycle progress 58.0%
4th halving · 2024-04-20 5th halving expected · 2028-04-13
BTC Price and Halving Cycles
How BTC price moved around each halving
How halving works
Fixed supply, issuance schedule and halving impact
What is a Bitcoin halving?
Every 210,000 blocks the miner block reward is cut in half. The mechanism triggers roughly every four years to slow the pace of new supply.
Why halvings matter
A halving slows new BTC issuance and affects miner revenue, supply expectations and long-term inflation, but it does not guarantee higher prices.
Halving history
Block height, reward change and key notes for each halving
Date Block height Halving Block reward Notes
2012-11-28 210,000 1st 50 BTC → 25 BTC First halving: annualised inflation fell from about 12.5% to 8.3%.
2016-07-10 420,000 2nd 25 BTC → 12.5 BTC The block reward halved again; annualised inflation dropped to about 4.17%.
2020-05-12 630,000 3rd 12.5 BTC → 6.25 BTC The block reward fell by 50%; annualised inflation dropped to about 1.79%.
2024-04-20 840,000 4th 6.25 BTC → 3.125 BTC Most recent halving: the block reward is now 3.125 BTC.
Block height 210,000
Block reward 50 → 25 BTC
First halving: annualised inflation fell from about 12.5% to 8.3%.
Block height 420,000
Block reward 25 → 12.5 BTC
The block reward halved again; annualised inflation dropped to about 4.17%.
Block height 630,000
Block reward 12.5 → 6.25 BTC
The block reward fell by 50%; annualised inflation dropped to about 1.79%.
Block height 840,000
Block reward 6.25 → 3.125 BTC
Most recent halving: the block reward is now 3.125 BTC.