Exploring Bitcoin halvings and what happens after
A Bitcoin halving (often referred to as ‘halvening’) is a deterministic programmatic event coded into the Bitcoin protocol where the reward for mining new Bitcoin blocks is halved. The result of a halving event means that miners earn 50% less Bitcoin for successfully verifying transactions on the Bitcoin blockchain. Bitcoin halvings are scheduled to occur once every 210,000 blocks. The block generation time on the Bitcoin blockchain is 10 minutes, which means that every 10 minutes, a new block of Bitcoin transactions are added to the blockchain. Therefore a Bitcoin halving event happens roughly once every four years – until the maximum supply of 21 million Bitcoin has been generated by the network. Check out all the data and statistics for each Bitcoin halving event below to understand and analyze Bitcoin metrics and price action post halving events.
| Event | Date | Block number | Block reward | Total new BTC between events | |||||
|---|---|---|---|---|---|---|---|---|---|
| Bitcoin launches | |||||||||
| First halving | |||||||||
| Second halving | |||||||||
| Third halving | |||||||||
| Fourth halving | |||||||||
| Fifth halving |
The first Bitcoin halving took place on at Bitcoin block number . A total of was mined between the Bitcoin genesis block and the first Bitcoin halving event. Following the first Bitcoin halving, the block reward reduced from to per block. The first halving results in a total of to be newly mined before the second halving event takes place. The price of Bitcoin at the start of the first halving event was . Between the first and second halving events, Bitcoin price reached a peak of , a gain of on , a duration of after the first halving event took place.
The second Bitcoin halving took place on at Bitcoin block number . A total of was mined between the first and second Bitcoin halving events. Following the second Bitcoin halving, the block reward reduced from to per block The second halving results in a total of to be newly mined before the third halving event takes place. The price of Bitcoin at the start of the second halving event was . Between the second and third halving events, Bitcoin price reached a peak of , a gain of on , a duration of after the second halving event took place.
The third Bitcoin halving took place on at Bitcoin block number . A total of was mined between the second and third Bitcoin halving events. Following the third Bitcoin halving, the block reward reduced from to per block. The third halving results in a total of to be newly mined before the fourth halving event takes place. The price of Bitcoin at the start of the third halving event was . Between the third and fourth halving events, Bitcoin price reached a peak of , a gain of on , a duration of after the third halving event took place.
The fourth Bitcoin halving took place on at Bitcoin block number . A total of was mined between the third and fourth Bitcoin halving events. Following the fourth Bitcoin halving, the block reward reduced from to per block. The fourth halving results in a total of to be newly mined before the fifth halving event takes place. The price of Bitcoin at the start of the fourth halving event was . Between the fourth and fifth halving events, Bitcoin price reached a peak of , a gain of on , a duration of after the fourth halving event took place.
Price data is cached and may not be 100% accurate.
Data updates every 24 hours.