Bitcoin halving 2024 date and Bitcoin block halving countdown clock for predicting when the next Bitcoin halving date will occur.
Bitcoin Halving Date 2024
Bitcoin Halving is Predicted to Occur on
Friday Feb 16, 2024
at 08:26:57 PM UTC
The Bitcoin halving prediction is based on the latest block height of 693,294 and the average block time for the last one thousand blocks, which is currently at 549 seconds per block.
Bitcoin Halving Dates
A Bitcoin halving is scheduled to take place every 210,000 blocks. Three Bitcoin halvings have already taken place, one in 2012, 2016, and the last halving in 2020.
The Bitcoin halving prediction shown above is for the next halving set to occur in 2024.
Bitcoin Halving Dates History
|Halving Year||Block Height||Block Reward||Date|
Feb 16, 2024
08:26:57 PM UTC (PROJECTED)
May 11, 2020
7:23:43 PM UTC
July 9, 2016
4:46:13 PM UTC
|2012||210,000||25||November 28, 2012
03:24:38 PM UTC
|2009||1 (Genesis Block)||50||January 9, 2009
2:54:25 AM UTC
Next Bitcoin Halving
The next Bitcoin halving is scheduled to take place at block 840,000 which is predicted to be on Feb 16, 2024 08:26:57 PM UTC.
At the Bitcoin halving 2024, the Bitcoin block reward is scheduled to drop from 6.25 Bitcoin per block to 3.125 Bitcoin per block.
Last Bitcoin Halving
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 2020?
The Bitcoin halving 2020 to happened at block 630,000 on May 11, 2020 7:23:43 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 it's 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. According to the Bitcoin blockchain protocol, the Bitcoin block reward is cut in half every 210,000.
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?
The next Bitcoin halving is scheduled to take place in 2024 at block 840,000.
On Feb 16, 2024 08:26:57 PM UTC the Bitcoin block reward is scheduled to drop from 6.25 Bitcoin per block to 3.125 Bitcoin per block.