The next Bitcoin halving is estimated in 623 days, at block 1,050,000. Block 960,243 has been reached, with 89,757 blocks remaining.

At the next halving, the block reward drops from 3.125 BTC to 1.5625 BTC.

Network Snapshot

  • Current block: 960,243
  • Next halving block: 1,050,000
  • Halving index: 5 of 5
  • Difficulty: 126.23T
  • Hashrate: 982 EH/s
  • BTC price: $64,522
  • Block reward: 3.125 BTC (next: 1.5625 BTC)

What the Halving Means

A halving cuts the block reward in half, reducing new BTC supply by 50%. At $0.10/kWh and current difficulty 126.23T, daily mining revenue across the network is ~$29,034,900. After the halving, new BTC supply drops from 164,250 BTC/year to 82,125 BTC/year (assuming constant block times). This next halving will be the fifth halving in Bitcoin's history and the first where the circulating supply is within 5% of the 21M cap.

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