Charts · Halving
The next bitcoin halving
Every 210,000 blocks, the new bitcoin paid to miners is cut in half. Here is the countdown, the full schedule and the supply curve it creates.
The short version
- The next halving is at block 1,050,000, expected around spring 2028. The reward drops from 3.125 to 1.5625 BTC per block.
- Halvings happen by block count, not by date, so the exact day moves with how fast blocks are found.
- The schedule caps the supply just under 21 million. The last fraction of a coin is due around the year 2140.
Blocks to go74,007until block 1,050,000
Expected aroundspring 2028at ten minutes per block
Reward now3.125 BTCper block, plus fees
Mined so far20.11M95.77% of 21 million
New coins per yearabout 164,000about 0.8% of supply
Every halving
| Event | Block | Date (UTC) | Reward after | Share of 21M mined before it |
|---|---|---|---|---|
| Bitcoin starts | 0 | Jan 3, 2009 | 50 BTC | 0.0% |
| Halving 1 | 210,000 | Nov 28, 2012 | 25 BTC | 50.0% |
| Halving 2 | 420,000 | Jul 9, 2016 | 12.5 BTC | 75.0% |
| Halving 3 | 630,000 | May 11, 2020 | 6.25 BTC | 87.5% |
| Halving 4 | 840,000 | Apr 20, 2024 | 3.125 BTC | 93.8% |
| Halving 5 | 1,050,000 | about spring 2028 | 1.5625 BTC | 96.9% |
| Halving 6 | 1,260,000 | about 2032 | 0.78125 BTC | 98.4% |
Past dates are the UTC timestamps of the halving blocks (mempool.space). Future dates assume ten-minute blocks and will shift. The reward continues halving until it falls below one sat, around block 6,930,000.
Every bitcoin that will ever exist
More than 95% of all bitcoin already exists. The last fraction trickles out over the next century.
Schedule from the Bitcoin protocol; live block height from mempool.space. What the halving is, in two minutes · Why 21 million.
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