The next Bitcoin halving is estimated to occur around block number 840,000, sometime in April 2024. It’s important to note that this is an estimate, as the actual block number can vary slightly depending on the time it takes to mine each block.
While pinpointing the exact date of the next Bitcoin halving is impossible, estimates currently place it around April 19th, 2024. However, it’s crucial to understand this is just an estimate and can fluctuate slightly based on:
- Block mining times: Each block mined takes roughly 10 minutes, but slight variations occur. These variations slightly impact the overall time to reach the halving block.
- Network difficulty: Difficulty adjusts every two weeks based on mining power, influencing the time to mine each block.
Therefore, while April 19th, 2024, serves as a strong estimate, the actual date could shift a few days before or after.
Fundamental changes of halving event in the Bitcoin blockchain:
- Block number: Approximately 840,000
- Block reward reduction: 50% (from 6.25 BTC to 3.125 BTC)
- Halving event number: This will be the 5th halving event since the beginning of Bitcoin.
Upcoming Bitcoin Halving events
Halving Event | Projected Year | Block Number | Block Reward Change |
---|---|---|---|
5th Halving | 2024 | ~840,000 | From 6.25 BTC to 3.125 BTC |
6th Halving | 2028 | ~1,050,000 | From 3.125 BTC to 1.5625 BTC |
7th Halving | 2032 | ~1,260,000 | From 1.5625 BTC to 0.78125 BTC |
8th Halving | 2036 | ~1,470,000 | From 0.78125 BTC to 0.390625 BTC |
9th Halving | 2040 | ~1,680,000 | From 0.390625 BTC to 0.1953125 BTC |