The next bitcoin halving

Every 210,000 blocks the bitcoin a miner earns for a block halves. The fifth halving comes at block 1,050,000, when the reward falls from 3.125 to 1.5625 BTC.

Estimated date

April 12, 2028

About 518 days from now

Current block: 975,431
Halving block: 1,050,000
Blocks to go: 74,569
Epoch done: 64.5%

Block height read within the last hour; ten minutes a block assumed from here.

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Every halving

Halving	Block	Date	Reward per block
1st	210,000	November 28, 2012	50 → 25 BTC
2nd	420,000	July 9, 2016	25 → 12.5 BTC
3rd	630,000	May 11, 2020	12.5 → 6.25 BTC
4th	840,000	April 20, 2024	6.25 → 3.125 BTC
5th	1,050,000	~April 12, 2028	3.125 → 1.5625 BTC

Questions people ask

At block 1,050,000. The date at the top of this page is an estimate from the current block height, assuming blocks keep coming every ten minutes on average. Most forecasts put it in the spring of 2028.

The halving happens at a block height, not on a date. Blocks arrive every ten minutes on average, but when the network’s hashrate grows faster than the difficulty adjusts, they come a little quicker and the halving arrives earlier than a ten-minute estimate. This page recalculates every hour.

The new bitcoin paid to the miner of each block halves, from 3.125 to 1.5625 BTC. Transaction fees are not affected. New supply falls to about 225 BTC a day.

The reward halves every 210,000 blocks until it rounds down to zero, around the year 2140, when the last of the 21 million bitcoin is mined.