Live Bitcoin Halving Countdown

Auto updates in real-time with every new block

Date Completed

20th April 2024
05:39 AM GMT +5:30

2024 Halving Status

Done 🚀
Next Halving: 2028

Blocks Remaining

Target #840,000

Bitcoin Price

Latest Blocks Mined
Block Height Time Mined (UTC)

Here’s a table of Bitcoin Halving Dates

Halving count Date Block height at halving Block reward before halving (bitcoin per block) Block reward after halving (bitcoin per block)
1 2012-11-27 210,000 50 25
2 2016-07-09 420,000 25 12.5
3 2020-05-11 630,000 12.5 6.25
4 2024-04-20 840,000 6.25 3.125
5 2028 1,050,000 3.125 1.5625
6 2032 1,260,000 1.5625 0.78125
7 2036 1,470,000 0.78125 0.396025

How Does Bitcoin Halving Affect Bitcoin Price?

The Bitcoin halving event has diverse impacts on different groups.

For investors, it signals a decrease in new Bitcoin issuance, fostering a belief in scarcity and potentially driving up demand and prices. However, the effect on Bitcoin’s price can fluctuate based on market conditions.

Leading up to the 2020 halving, Bitcoin experienced a surge in price, with a notable 40% increase attributed to investor anticipation and speculation surrounding the event. Subsequently, following the halving, Bitcoin skyrocketed to three times its previous all-time high, reaching an unprecedented peak of $67,000.

For miners, the halving event translates to reduced rewards, posing challenges to profitability. If unable to cover expenses with decreased rewards, miners may shut down operations, impacting the network’s hashrate and transaction speeds. Yet, with rising Bitcoin prices, miners may return to operation, stabilizing the hashrate.

Frequently Asked Questions (FAQ)

The upcoming 2024 Bitcoin halving is expected to happen during the second quarter.

According to the latest projections, it is anticipated to occur on Apr. 20, 2024, at 12:53 AM GMT+5:30, once the blockchain reaches a block height of 87,000.

It’s important to note that these estimations are subject to change and are automatically adjusted with each block. As we approach the halving event, these forecasts will become increasingly precise.

Our tool monitors the Bitcoin blockchain in real-time to provide a precise live countdown to the next Bitcoin halving event. It refreshes constantly to reflect the latest status of the Bitcoin network. Additionally, our graph allows for in-depth analysis of the BTC halving.

This page automatically updates predictions with each new block mined, eliminating the need for manual refreshing. Unlike typical countdowns, it doesn’t rely on hardcoded dates or manual adjustments. Instead, it offers an accurate mathematical forecast based on the average block mining time on the BTC network. This prediction algorithm is dynamically adjusted each time a new block is mined, occurring roughly every 10-15 minutes.

Consider Bitcoin halving as a scheduled landmark within the Bitcoin ecosystem, taking place roughly every four years. At this juncture, the rewards reaped by miners for their contributions in generating new Bitcoin blocks undergo halving.

This deliberate step is taken to regulate the Bitcoin supply prudently, thereby maintaining its scarcity over time. As a result, the diminished supply adds to Bitcoin’s growing rarity, typically resulting in an upsurge in its value throughout history.

Historically, when Bitcoin halving happens, its price tends to go up. However, remember that what happened before might not happen again, and many things can affect Bitcoin’s price. This information is not intended as financial guidance, and it’s crucial to conduct thorough research before making any cryptocurrency investments.

Top Crypto Exchanges Promos 📈

Subscribe to stay updated

Learn Profitable Crypto Trading and receive our free resources to master automated bot 🤖 trading strategies.

(We respect your privacy.)

Coinsutra logo

CoinSutra provides general cryptocurrency and blockchain information for educational purposes only. Content on CoinSutra’s website and social media is not financial, investment, trading, or professional advice. Readers should conduct independent research and consult a licensed advisor before making investment decisions.

CoinSutra does not recommend or endorse specific cryptocurrencies, projects, platforms, products, exchanges, wallets, or other offerings. Opinions shared by CoinSutra writers are their personal views only and should not be relied upon for financial choices.

CoinSutra writers are not certified financial advisors or brokers. Cryptocurrency activities like purchasing, trading, holding, and selling have inherent risks. Readers should exercise due diligence before participating. CoinSutra and its writers are not responsible for any investment losses from acting on website or social media content. Visitors participate at their own risk.

Scroll to Top