When the next BTC halving date 2024 is reached, the BTC halving reduces the BTC block reward from 6.25 BTC to 3.125 BTC. Bitcoin halving 2024 prediction sets the next Bitcoin halving date to occur on Friday Apr 26, 2024 at 11:55:47 PM UTC.
Bitcoin Halving Dates
A Bitcoin halving is scheduled to take place every 210,000 blocks. So far there have been 3 Bitcoin halving dates already, one Bitcoin halving in 2012, another Bitcoin halving in 2016, and the last Bitcoin halving in 2020.
The Bitcoin halving countdown shown above is for the next halving set to occur in 2024. The Bitcoin halving dates below are the BTC halving dates that have already taken place.
Bitcoin Halving Chart
The Bitcoin halving chart shows the Bitcoin block rewards (subsidy) halving schedule predetermined in the Bitcoin protocol. This Bitcoin (BTC) block reward is given to the miner or pool when a Bitcoin block is solved with a valid hash.
When is the Next Bitcoin Halving 2024?
The next Bitcoin halving 2024 date according to the BTC halving countdown clock is scheduled to take place at block 840,000 which is predicted to be solved on Apr 26, 2024 11:55:47 PM UTC.
At Bitcoin halving 2024, the Bitcoin block reward is scheduled to drop from 6.25 Bitcoin per block to 3.125 Bitcoin per block.
The Bitcoin halving date should happen within few days of the predicted date, however if the Bitcoin hashrate increases by a large amount, the halving date will come sooner.
When was the Last Bitcoin Halving Date?
The last Bitcoin halving took place in 2020 at block 630,000 on May 11, 2020 7:23:43 PM UTC. At that time the Bitcoin block reward dropped from 12.5 BTC and cut in half to 6.25 BTC.
When is Bitcoin Halving?
According to the Bitcoin halving schedule, the next BTC halving 2024 prediction at block 840,000 is set for Apr 26, 2024 11:55:47 PM UTC.
At the time of the Bitcoin halving the block reward will be cut in half and therefore every Bitcoin mining operation (large and small) will have its revenue also cut in half.
This period of time is very hard for miners and in turn some miners will have no choice but to turn off there mining hardware or look for more profitable cryptocurrencies to mine.
You can use our Bitcoin mining calculator to estimate your mining rewards when the block reward is cut in half.
What is Bitcoin Halving?
Bitcoin halving is the term used to identify the block reward subsidy schedule. The Bitcoin protocol defines the Bitcoin halving cycle where the Bitcoin block reward is cut in half every 210,000 blocks.
Given the Bitcoin block reward is cut in half from 50, to 25, to 12.5, to 6.25 and so on, this process and schedule is called the Bitcoin block reward halving.
When is the Next Bitcoin Halving Date?
The next Bitcoin halving date is scheduled to take place at block 840,000 - predicted to occur on April 26, 2024 at 11:55:47 PM UTC.
On the Bitcoin halving date - the block reward is scheduled to drop from 6.25 Bitcoin per block to 3.125 Bitcoin per block.
