Bitcoin Halving 2028 Countdown

Real-time countdown to the 5th Bitcoin halving. At block 1,050,000, the block reward drops from 3.125 BTC to 1.5625 BTC — permanently reducing new supply entering the market.

Next Halving — April 2028
000 Days
00 Hours
00 Minutes
00 Seconds
Cycle 2024 → 2028 Progress 0%
Halving #4 — Apr 20, 2024 Halving #5 — Apr 20, 2028
Current Halving Cycle Stats
Current Block Reward
3.125 BTC
Active since April 20, 2024
Next Reward (Post-2028)
1.5625 BTC
50% reduction at block 1,050,000
Est. Current Block Height
—
~144 blocks mined per day
Blocks to Halving
—
Until block 1,050,000
Total BTC Mined
~19.7M
Of 21,000,000 maximum supply
Days Until Halving
—
Approximate, based on block time
All Bitcoin Halvings — Historical Data
Halving Date Block Reward Before Reward After BTC Price at Halving Cycle Peak
1st Halving Nov 28, 2012 210,000 50 BTC 25 BTC ~$12 ~$1,163 (Nov 2013)
2nd Halving Jul 9, 2016 420,000 25 BTC 12.5 BTC ~$650 ~$19,783 (Dec 2017)
3rd Halving May 11, 2020 630,000 12.5 BTC 6.25 BTC ~$8,600 ~$69,000 (Nov 2021)
4th Halving Current Apr 20, 2024 840,000 6.25 BTC 3.125 BTC ~$63,800 $109,000+ (2025)
5th Halving Next ~Apr 20, 2028 1,050,000 3.125 BTC 1.5625 BTC Unknown Unknown

What Is the Bitcoin Halving and Why Does It Matter?

The Bitcoin halving is a pre-programmed event embedded in Bitcoin's protocol that cuts the block reward paid to miners in half approximately every 210,000 blocks — roughly every four years. Satoshi Nakamoto designed this mechanism to control Bitcoin's inflation rate and ensure the total supply never exceeds 21 million coins.

When miners validate a block of transactions and add it to the blockchain, they earn a block reward in newly minted Bitcoin. At Bitcoin's launch in 2009, that reward was 50 BTC per block. After four halvings, the reward now stands at 3.125 BTC. After the 2028 halving, it will fall to 1.5625 BTC.

The economic significance of halvings is enormous. By reducing the rate at which new Bitcoin enters circulation, halvings create a supply shock. If demand stays constant or increases while supply growth slows, basic economics suggests upward price pressure. Historical data supports this pattern: each halving has eventually been followed by a significant bull market, though timing and magnitude vary.

For miners, halvings are existential events. A 50% cut in block rewards means revenue drops overnight unless Bitcoin's price increases to compensate. Less efficient mining operations may become unprofitable and shut down, concentrating hash power among the most capable miners. This self-regulating process keeps the network competitive and secure.

The 2028 halving will be the 5th such event. With each halving, Bitcoin moves closer to its final supply limit, reinforcing its scarcity narrative and digital gold properties that attract institutional and retail investors worldwide.

FAQ — Bitcoin Halving 2028
When is the next Bitcoin halving? +
The next Bitcoin halving is expected around April 20, 2028, when block 1,050,000 is mined. The exact date depends on the average block time — Bitcoin targets a 10-minute block interval, but real block times vary. Our live countdown estimates the date based on 144 blocks per day from block 840,000 (the April 20, 2024 halving block).
What happens to Bitcoin price after a halving? +
Historically, Bitcoin has reached new all-time highs within 12 to 18 months after each halving. After the 2012 halving, BTC surged from $12 to over $1,100. After 2016, it went from $650 to nearly $20,000. After the 2020 halving, BTC climbed from $8,600 to $69,000. After the 2024 halving, BTC exceeded $100,000 in 2025. However, past performance is not indicative of future results, and many other factors influence Bitcoin's price.
How does the Bitcoin halving affect miners? +
After the 2028 halving, miners will receive 1.5625 BTC per block instead of 3.125 BTC — a 50% reduction in block subsidy revenue. Miners with higher energy costs or less efficient hardware may become unprofitable and exit the network. If Bitcoin's price increases to compensate, profitable miners can continue operating normally. Over the long term, as block subsidies approach zero, transaction fees will become the primary incentive for miners.
What is the Bitcoin block reward after the 2028 halving? +
After the 5th halving at block 1,050,000, the Bitcoin block reward will drop from 3.125 BTC to 1.5625 BTC per block. This reward will remain at 1.5625 BTC until the 6th halving, expected around 2032 at block 1,260,000, when it will drop again to approximately 0.78125 BTC.
How many Bitcoin halvings are left? +
Bitcoin is programmed for a total of 33 halvings. After the 2028 event (the 5th halving), there will be 28 halvings remaining. The final halving is projected to occur around the year 2140, after which no new Bitcoin will be minted. From that point forward, miners will be rewarded exclusively through transaction fees, relying on Bitcoin's transaction volume to sustain network security.
Countdown estimates are based on an average of 144 blocks per day from the April 20, 2024 halving (block 840,000). Actual halving timing depends on real network hash rate and block times. This page is for informational purposes only and does not constitute financial advice. Bitcoin investing involves significant risk.