BITCOIN HALVING 2024
Halving YearEstimated Date (UTC)2028 halvingApril 10, 20282032 halvingApril 14, 20322036 halvingApril 18, 20362040 halvingApril 21, 20402044 halvingApril 25, 20442048 halvingApril 29, 20482052 halvingMay 2, 20522056 halvingMay 6, 20562060 halvingMay 10, 2060
Current Bitcoin Block Subsidy
The current Bitcoin block subsidy is 6.25 bitcoins per block. When block 840,000 is hit in 2024, the subsidy will drop to 3.125 bitcoins (BTC) per block.
Bitcoin Halving Parties
There is a major Bitcoin halving party happening in El Salvador in April. Visit bitcoinhalvingparty.com for more info.
When Will All 21 Million Bitcoins be Mined?
All 21 million bitcoins (BTC) will be mined by 2140. But more than 98% will be mined by 2030.
What is the Bitcoin Clock?
The Bitcoin clock has been around since 2011. In 2018, the owner let the domain expire. We revamped the site and restored it to its original vision.
Is the Halving Necessary?
The halving is necessary. This is how Bitcoin controls its supply. Once the block subsidy expires, transaction fees will be paid to miners for securing the network.
Why Our Estimates Are the Most Accurate
Most of the other halving date estimators use 10-minute blocks to calculate the estimated halving date.
Blocks, however, have been mined at less than 10-minute intervals for almost all of Bitcoin's history.
Our calculator uses live blockchain data to get the average block time for the past two months. We then use this block time (currently 9.3583 minutes between blocks) to estimate the halving date.
While most of the other sites estimate the halving for May, the more likely outcome is an April 2024 reward halving.
What is the Current Bitcoin Block Reward?
Currently, there are 6.25 new bitcoins issued per block.
