WHEN IS THE NEXT BITCOIN HALVING?
The next Bitcoin halving is anticipated to take place on or around April 20, 2024 EST, reducing the block reward from 6.25 to 3.125 BTC. This halving period — or epoch — will increase the supply by 164,250 bitcoin (from 19,687,500 to 20,671,875), a mere 328,124 bitcoin from the maximum supply limit of 21 million.
TO CALCULATE THE NEXT HALVING DATE
Determine the block interval: While it’s true that Bitcoin’s block time (the time between each block) is approximately 10 minutes, the time can vary slightly due to hash rate and network adjustments.
Find the current block height: You need to know the current block height, which you can find on various blockchain explorer websites or directly from your Bitcoin node if you’re running one.
Calculate the blocks remaining until the next halving: Bitcoin’s halving occurs every 210,000 blocks. Subtract the current block height from the next halving block height.
Calculate the estimated time remaining: Multiply the number of blocks remaining by the approximate block interval (in seconds) to estimate the time remaining until the next halving.
Convert the time into a date: Convert the estimated time remaining into a date #Binance format to find out when the next halving is expected. .$BTC
