According to current estimates, the next Bitcoin halving is expected to occur in the first half of 2028 at block number 1,050,000. The most recent halving took place on April 20, 2024 (block 840,000), reducing the block reward from 6.25 BTC to 3.125 BTC.
Bitcoin halvings are pivotal events that occur approximately every four years, reducing the block reward by half. This mechanism controls Bitcoin’s supply inflation and often sparks significant market activity.
Key Highlights
- The 2024 halving cut mining rewards from 6.25 BTC to 3.125 BTC per block.
- Historically, Bitcoin peaks 6–12 months post-halving, though the 2024 cycle saw an all-time high ($109,078) just nine months later.
- Only 28 halvings remain until all 21 million BTC are mined (~2136).
- The 2028 halving will reduce rewards to 1.5625 BTC per block.
👉 Track real-time Bitcoin halving countdowns
Bitcoin Halving Dates History
| Halving | Date | Block Height | Reward Change | BTC Price at Halving |
|---|---|---|---|---|
| 1st | Nov 28, 2012 | 210,000 | 50 → 25 BTC | $12.4 |
| 2nd | Jul 9, 2016 | 420,000 | 25 → 12.5 BTC | $680 |
| 3rd | May 11, 2020 | 630,000 | 12.5 → 6.25 BTC | $8,590 |
| 4th | Apr 20, 2024 | 840,000 | 6.25 → 3.125 BTC | $64,025 |
Price Trends by Cycle
| Cycle | Low Price | High Price | Peak Timing Post-Halving |
|---|---|---|---|
| 2012–2016 | $12.4 (2012) | $1,170 (2013) | ~1 year |
| 2016–2020 | $535 (2016) | $19,400 (2017) | ~1.5 years |
| 2020–2024 | $8,590 (2020) | $73,628 (2024) | ~4 years |
| 2024–2028* | $49,436 (2024) | $109,078 (2025) | ~9 months |
*Projected data for current cycle.
Upcoming Bitcoin Halvings (2028–2052)
| Halving | Year | Block | New Reward | BTC Left to Mine |
|---|---|---|---|---|
| 5th | 2028 | 1,050,000 | 1.5625 BTC | 328,125 BTC |
| 6th | 2032 | 1,260,000 | 0.78125 BTC | 164,063 BTC |
| 7th | 2036 | 1,470,000 | 0.390625 BTC | 82,031 BTC |
By 2028, 98% of all Bitcoin will have been mined.
FAQs
Why does Bitcoin halving matter?
Halvings reduce new supply, historically creating upward price pressure due to scarcity.
How accurate are halving date predictions?
Estimates improve closer to the event. Block times fluctuate based on mining difficulty adjustments every 2 weeks.
Will miners stop earning rewards after 21 million BTC?
Yes. Post-2140, miners will rely solely on transaction fees.
👉 Explore Bitcoin mining strategies
Bottom Line
The 2028 halving will mark another milestone in Bitcoin’s deflationary design. With each cycle, BTC’s scarcity intensifies, making halvings critical for long-term value appreciation. Stay informed—bookmark this guide for updates!