50 25 BTC
Block 210,000 ↗
A smaller supply of new bitcoin
Bitcoin Halving
The next halving, the countdown, and what happened in previous cycles.
THE SUPPLY CLOCK
Next Bitcoin halving
Estimated Block 1,050,000
552Days
00Hours
19Minutes
19Seconds
3.125 → 1.5625BTC per block
Estimate uses a 10-minute block target. Mining pace changes the date.
Block snapshot · Block 970,510 ·
FOUR MILESTONES
Every halving so far
Actual block dates in UTC. The subsidy excludes transaction fees.
PRICE CONTEXT
BTC / USDPrices around each halving
Daily USD observations, not the price at the exact halving block. Offsets are calendar days.
Swipe for later prices →
| Halving | 30 days before | Halving day | 30 days after | 365 days after | 365-day change |
|---|---|---|---|---|---|
| H1 2012 | $10.69 | $12.50 | $13.51 | $965.00 | +7,620.0% |
| H2 2016 | $583.10 | $663.00 | $592.56 | $2,555.14 | +285.4% |
| H3 2020 | $6,873.24 | $8,754.46 | $9,775.15 | $55,883.50 | +538.3% |
| H4 2024 | $67,857.18 | $63,823.55 | $66,266.07 | $85,090.63 | +33.3% |
These are four historical examples. A halving changes issuance; it does not set the market price.
Daily price history: Blockchain.com · Our data and method
A few quick answers
When is the next Bitcoin halving?
The next halving is scheduled for block 1,050,000. Its calendar date is an estimate based on the latest recorded height and the ten-minute block target.
How much is the next block subsidy?
At the next halving, the new-coin subsidy changes from 3.125 BTC to 1.5625 BTC per block. Miners can also collect transaction fees.
Why was the last halving on 20 April 2024?
Block 840,000 was mined on 20 April 2024 in UTC. Some local time zones were still on 19 April. All dates on this page use UTC.