Bitcoin Halving
A Bitcoin halving is a pre-programmed event that occurs approximately every four years (every 210,000 blocks) in which the block reward paid to miners is cut in half.
Halvings reduce the rate at which new Bitcoin enters circulation, reinforcing Bitcoin's scarcity. The block reward started at 50 BTC in 2009, dropped to 25 in 2012, 12.5 in 2016, 6.25 in 2020, and 3.125 in 2024. The next halving is expected around April 2028, when the reward will drop to 1.5625 BTC. Halvings will continue until approximately the year 2140, when the last Bitcoin is mined.
A Bitcoin halving is a pre-programmed event that occurs approximately every four years in which the block reward paid to miners is cut in half, reinforcing Bitcoin's scarcity.
Frequently Asked Questions
What is Bitcoin Halving?
A Bitcoin halving is a pre-programmed event that occurs approximately every four years (every 210,000 blocks) in which the block reward paid to miners is cut in half.
Why does Bitcoin Halving matter for Bitcoin?
Halvings reduce the rate at which new Bitcoin enters circulation, reinforcing Bitcoin's scarcity. The block reward started at 50 BTC in 2009, dropped to 25 in 2012, 12.5 in 2016, 6.25 in 2020, and 3.125 in 2024.
What should Bitcoin holders know about Bitcoin Halving?
The next halving is expected around April 2028, when the reward will drop to 1.5625 BTC. Halvings will continue until approximately the year 2140, when the last Bitcoin is mined.
