Bitcoin Halving Explained: What It Is and Why It Matters

The Bitcoin halving explained simply: how it works, when the next one happens, and how it affects the BTC price.

What is the Bitcoin halving?

The Bitcoin halving is an event that occurs roughly every four years, cutting the reward miners receive for validating transactions in half.

It is programmed into Bitcoin's code and limits the total supply to 21 million coins.

When is the next halving?

The last halving took place in April 2024. The next one is expected around April 2028.

Halvings continue until around the year 2140, when all 21 million Bitcoin will have been mined.

How does it affect the price?

Historically, halvings have preceded significant price increases, as reduced supply meets steady or growing demand.

Past performance does not guarantee future results, but the halving is one of the most-watched events in crypto.

FAQ

What is the Bitcoin halving?
It is the event that cuts Bitcoin mining rewards in half roughly every four years.
When was the last halving?
April 2024, when the block reward dropped from 6.25 to 3.125 BTC.
Does the halving affect the price?
Historically, halvings have been followed by bull markets, but nothing is guaranteed.