Bitcoin Halving Countdown
Every 210,000 blocks, the Bitcoin mining reward is cut in half. This supply shock has historically preceded major bull runs.
Current Block
#951,934
Current Reward
3.125 BTC
Epoch
4of ∞
Next Bitcoin Halving
Block #1,050,000
Reward drops from 3.125 BTC to 1.5625 BTC
Estimated date: April 12, 2028
Historical Halving Cycles
Price @ Halving
$12.35
Cycle Peak
$1.1K
Peak Multiple
89x
Price @ Halving
$650.00
Cycle Peak
$19.8K
Peak Multiple
30.4x
Price @ Halving
$8.6K
Cycle Peak
$69.0K
Peak Multiple
8x
Price @ Halving
$63.8K
Cycle Peak
$109.0K
Peak Multiple
1.71x
Diminishing returns pattern: each cycle's peak multiple has been declining. Past performance does not predict future results.
What is Bitcoin Halving?
Bitcoin's protocol reduces the block reward by 50% every 210,000 blocks (~4 years). This mechanism ensures a fixed total supply of 21 million BTC, making it a deflationary asset.
Historically, halvings have triggered supply shocks that preceded significant price appreciation -- though with diminishing returns each cycle. The estimated date above assumes a 10-minute average block time.