Bitcoin Halving
(The Halvening)
Bitcoin is a decentralized digital currency that enables instant payments to anyone, with no central authority. The Bitcoin network is secured by miners. Miners are specialized computers that use a consensus mechanism called “proof of work” to verify each block of bitcoin transactions.
Miners are rewarded for their work with newly-created bitcoins. This is called the block reward. This is how new bitcoins are released into the system. A new block of transactions is added to the Bitcoin blockchain approximately every ten minutes. The miner that verifies each block receives the block reward. The current block reward is 6.25 bitcoins per block.
The number of new bitcoins that are created via the block reward is reduced by half every four years. This is known as the Bitcoin Halving. The next halving will be the Fourth Bitcoin Halving (H4). This is when the current block reward of 6.25 bitcoins will reduce by half to 3.125 bitcoins.
The Bitcoin Halving Cycle 2024 by Kinoko_zoku on TradingView.com
Based on internal Methodology:
Estimated Next Halving Date:
Bitcoin Halving
Price before and after 12 months:
Halving 1 Timestamp: | 2012-11-28 15:24:38 | ||||||||
---|---|---|---|---|---|---|---|---|---|
USD Price at Halving: | $12.45 | ||||||||
USD Price Before Halving | |||||||||
-12 months | -9 months | -6 months | -3 months | -1 months | |||||
2.54 | 4.86 | 5.13 | 10.97 | 10.69 | |||||
-388.49% | -155.83% | -142.42% | -13.49% | -16.36% | |||||
USD Price After Halving | |||||||||
1 month | 3 months | 6 months | 9 months | 12 months | |||||
13.39 | 33.42 | 126.24 | 95.49 | 1,050.39 | |||||
7.57% | 168.45% | 913.99% | 667.06% | 8336.90% |
Halving 1 (H1) Block Data
Block Height | 210,000 |
Timestamp | 2012-11-28 15:24:38 |
Miners reward USD | $462.7554 |
Relayed by | Slushpool |
Difficulty | 3,438,908.96 |
Size | 199.127 kB |
# of Transactions | 457 |
Price USD | $12.45 |
Halving 2 Timestamp: | 2016-07-09 16:46:13 | ||||||||
---|---|---|---|---|---|---|---|---|---|
USD Price at Halving: | $648.65 | ||||||||
USD Price Before Halving | |||||||||
-12 months | -9 months | -6 months | -3 months | -1 months | |||||
269.26 | 246.51 | 448.62 | 418.54 | 581.69 | |||||
-140.90% | -163.13% | -44.59% | -54.98% | -11.51% | |||||
USD Price After Halving | |||||||||
1 month | 3 months | 6 months | 9 months | 12 months | |||||
584.51 | 616.10 | 901.09 | 1,206.45 | 2,500.13 | |||||
-9.89% | -5.02% | 38.92% | 85.99% | 285.43% |
Halving 2 (H2) Block Data
Block Height | 420,000 |
Timestamp | 2016-07-09 16:46:13 |
Miners reward USD | $8,499.2029 |
Relayed by | F2Pool |
Difficulty | 213,398,925,331 |
Size | 999.838 kB |
# of Transactions | 1,257 |
Price USD | $648.65 |
Halving 3 Timestamp: | 2020-05-11 19:23:43 | ||||||||
---|---|---|---|---|---|---|---|---|---|
USD Price at Halving: | $8,519.42 | ||||||||
USD Price Before Halving | |||||||||
-12 months | -9 months | -6 months | -3 months | -1 months | |||||
7,208.12 | 11,568.85 | 8,720.20 | 10,271.12 | 6,891.54 | |||||
-18.19% | 26.36% | 2.30% | 17.05% | -23.62% | |||||
USD Price After Halving | |||||||||
1 month | 3 months | 6 months | 9 months | 12 months | |||||
9,275.26 | 11,393.41 | 15,704.97 | 48,010.55 | 56,746.42 | |||||
8.87% | 33.73% | 84.34% | 463.54% | 8336.90% |
Halving 3 (H3) Block Data
Block Height | 630,000 |
Timestamp | 2020-05-11 19:23:43 |
Miners reward USD | $60,996.32 |
Relayed by | AntPool |
Difficulty | 16,104,807,485,529.30 |
Size | 1,869.30 kB |
# of Transactions | 3,134 |
Price USD | $8,519.42 |
Halving 4 Timestamp: | |||||||||
---|---|---|---|---|---|---|---|---|---|
USD Price at Halving: | |||||||||
USD Price Before Halving | |||||||||
-12 months | -9 months | -6 months | -3 months | -1 months | |||||
– | – | – | – | – | |||||
-% | -% | -% | -% | -% | |||||
USD Price After Halving | |||||||||
1 month | 3 months | 6 months | 9 months | 12 months | |||||
– | – | – | – | – | |||||
-% | -% | -% | -% | -% |
Halving 4 (H4) Block Data
Block Height | 840,000 |
Timestamp | – |
Miners reward USD | – |
Relayed by | – |
Difficulty | – |
Size | – |
# of Transactions | – |
Price USD | – |