Bitcoin
The Bitcoin halving countdown
Every 210,000 blocks, the new bitcoin paid to miners drops in half. The next cut lands around April 2028. Watch it approach, tour the history, and learn why the schedule matters.
Next halving: block 1,050,000
About 83,324 blocks away · expected around April 12, 2028 · reward drops from 3.125 to 1.5625 BTC
An estimate. Blocks arrive about every ten minutes and the network retunes to hold that pace, so the exact moment shifts a little with real block times.
01The full schedule
| Date | Block | New coins per block | Change |
|---|---|---|---|
| Nov 28, 2012 | 210,000 | 25 | 50 to 25 |
| Jul 9, 2016 | 420,000 | 12.5 | 25 to 12.5 |
| May 11, 2020 | 630,000 | 6.25 | 12.5 to 6.25 |
| Apr 19, 2024 | 840,000 | 3.125 | 6.25 to 3.125 |
| Apr 2028Next | 1,050,000 | 1.5625 | 3.125 to 1.5625 |
02What a halving is
Miners race to add each new block, and the winner collects fresh bitcoin. Every 210,000 blocks, that pay drops in half. The rule was written into Bitcoin's first release, so everyone has known the full schedule since day one.
Each cut slows the flow of new coins toward the 21 million cap. By the time the subsidy reaches zero, around the year 2140, every bitcoin that will ever exist will be in circulation.
03Why the schedule matters
Most money grows when someone decides it should. Bitcoin's new supply follows a schedule set in code, visible to anyone who reads it. That predictability sits at the heart of the scarcity story.
Holders can plan around issuance that stays fixed through every cycle. The countdown above is the living proof: anyone can check the current block, do the math, and see the next cut coming.
04What it means for you
Halvings are supply events. Past cycles drew strong market attention as the flow of new coins tightened, and each one marks a clean chapter in Bitcoin's history.
The practical move is understanding the mechanics. The countdown tells you when the next cut arrives, the table shows what every past cut looked like, and the guides below fill in the rest.
05Halving questions, answered
When is the next Bitcoin halving?
At block 1,050,000, expected around April 12, 2028. As of September 12, 2026 about 83,326 blocks remain, and the countdown at the top of this page tracks it live.
How often do Bitcoin halvings happen?
Every 210,000 blocks, which works out to roughly every four years. The network retunes mining difficulty about every two weeks to keep blocks landing about every ten minutes.
What happens to the mining reward?
It drops from 3.125 to 1.5625 bitcoin per block. Miners also collect transaction fees on every block, and fees grow in importance with every halving.
When will the last bitcoin be mined?
Around the year 2140. By then the block subsidy reaches zero and fees carry miner revenue on their own, with the 21 million cap holding for good.
Does a halving move the price?
Halvings tighten the flow of new coins, and past cycles drew strong market attention. Markets write their own story each time; the countdown and the mechanics stay the same either way.