Bitcoin Halving 2024 New Update The next Bitcoin halving is expected to take place in April 2024. It is difficult to predict the exact date as it depends on the block height. Since halving happens every 210,000 blocks, the next Bitcoin halving is expected to occur in April 2024 when the block height reaches 840,000.
Bitcoin Halving 2024 New Update
Halving Horizons
Binance marks the 2024 Btc Halving with a crypto adventure featuring $500,000 in rewards. Embark on a series of activities designed to enrich your journey — from knowledge-enhancing challenges to competitive trading tournaments — and unlock rewards along the way!
What Is Bitcoin Halving?
The Bitcoin Halving is when Bitcoin’s mining reward is split in half. It takes the blockchain network about four years to open 210,000 more blocks, a standard set by the blockchain’s creators to continuously reduce the rate at which the cryptocurrency is introduced.
The first reward was 50 bitcoin. Previous halving dates were:
Nov. 28, 2012, to 25 bitcoins
July 9, 2016, to 12.5 bitcoins
May 11, 2020, to 6.25 bitcoins
The next halving is expected to occur in April 2024, when the block reward will fall to 3.125 BTC.
