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Bitcoin Halving Countdown 2028

The 5th Bitcoin halving (block 1,050,000) drops the block reward from 3.125 BTC to 1.5625 BTC. Live estimate based on the current block height.

Live halving countdown
698
Days
22
Hours
40
Minutes
00
Seconds
100,648
Blocks remaining
Apr 12, 2028
Estimated date
949,352
Current block
Current reward
₿3.125
After halving
₿1.5625
Block 840,000Block 1,050,000
52.1% complete

What is the Bitcoin halving?

The Bitcoin halving is a protocol-enforced event that cuts the block reward (the new bitcoin issued to miners for each mined block) in half. It happens every 210,000 blocks, roughly every four years, and is the mechanism that gradually reduces Bitcoin's issuance toward its 21 million cap. Every halving has reshaped miner economics: the same electricity and hardware costs now buy half the subsidy, so only the most efficient operators stay profitable.

When is the next Bitcoin halving?

The next Bitcoin halving (the 5th halving in Bitcoin's history) is estimated to occur on April 12, 2028, when the chain reaches block 1,050,000. At that point the block reward drops from 3.125 BTC to 1.5625 BTC. The estimate is derived live from the current block height (949,352) projected forward at Bitcoin's 10-minute target block time, so it shifts as network speed varies.

Bitcoin halving history

Bitcoin has had four halvings to date. Each one cut the block subsidy in half and tightened the supply schedule a step further.

HalvingBlockDateReward
1st210,000Nov 28, 201250 → 25 BTC
2nd420,000Jul 9, 201625 → 12.5 BTC
3rd630,000May 11, 202012.5 → 6.25 BTC
4th840,000Apr 19, 20246.25 → 3.125 BTC
5th (next)1,050,000Apr 12, 2028 (est.)3.125 → 1.5625 BTC

Frequently asked questions

When is the next Bitcoin halving?
The next Bitcoin halving is estimated to occur on April 12, 2028 at block 1,050,000. The estimate is derived from the live network block height and Bitcoin's 10-minute target block time, so it shifts as network speed varies.
What will the Bitcoin block reward be after the 5th halving?
After the 5th halving, the block reward will drop from 3.125 BTC to 1.5625 BTC per block.
How accurate is this Bitcoin halving countdown?
The countdown projects the halving date by multiplying the 100,648 blocks remaining by Bitcoin's 10-minute target block time. Real-world block intervals vary with network hashrate, so the estimate refines as new blocks are found.
Why does the Bitcoin halving matter?
Halvings tighten Bitcoin's supply schedule. Each halving cuts new BTC issuance in half, increasing scarcity and historically marking turning points in Bitcoin's market cycles. They also reshape miner economics: the same energy and hardware costs are paid for half the block subsidy, squeezing inefficient operations out of the market.
How often does the Bitcoin halving happen?
The Bitcoin halving happens every 210,000 blocks, which works out to roughly every four years at the protocol's 10-minute target block time. Halvings will continue until around the year 2140, when the final fraction of a bitcoin is mined and the 21 million cap is reached.