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BTC Halving
Track the halving countdown, supply progress and historical cycle performance
5th BTC halving ahead
Estimated date 2028-04-13 · Target block height 1,050,000
5 6 1 day
0 9 time
0 5 points
Current block height 961,897 · Approximately 88,103 blocks expected to remain
Current halving cycle progress 58.0%
The 4th Halving · 2024-04-20 The fifth halving is expected · 2028-04-13
BTC price and halving cycle
Observe previous halving nodes and BTC price cycle changes
Halving mechanism
Understand fixed supply, issuance rhythm and the impact of halving
What is the BTC Halving?
Bitcoin 每产出 210,000 个区块，矿工区块奖励会减半。 This mechanism is triggered approximately every four years to control the pace of new supply.
Why is the halving worth paying attention to?
Halving will reduce the issuance speed of new BTC and affect miners' income, supply expectations and long-term inflation rate, but it does not mean that prices will definitely rise.
Historical halving record
Block height, reward changes and key instructions of previous halvings
Date block height Halve the number of times block reward Description
2012-11-28 210,000 1st time 50 BTC → 25 BTC After the first halving, the annualized inflation rate fell from approximately 12.5% to 8.3%.
2016-07-10 420,000 2nd time 25 BTC → 12.5 BTC The block reward has been halved again, bringing the annualized inflation rate down to approximately 4.17%.
2020-05-12 630,000 3rd time 12.5 BTC → 6.25 BTC The block reward is reduced by 50%, and the annualized inflation rate is reduced to approximately 1.79%.
2024-04-20 840,000 4th time 6.25 BTC → 3.125 BTC With the most recent halving, the current block reward is 3.125 BTC.
block height 210,000
block reward 50 → 25 BTC
After the first halving, the annualized inflation rate fell from approximately 12.5% to 8.3%.
block height 420,000
block reward 25 → 12.5 BTC
The block reward has been halved again, bringing the annualized inflation rate down to approximately 4.17%.
block height 630,000
block reward 12.5 → 6.25 BTC
The block reward is reduced by 50%, and the annualized inflation rate is reduced to approximately 1.79%.
block height 840,000
block reward 6.25 → 3.125 BTC
With the most recent halving, the current block reward is 3.125 BTC.