Bitcoin Halving Countdown 2024

Stay ahead with our comprehensive impact analysis and expert predictions
Bitcoin Halving 2024 Countdown Clock
840000Halving Block
0Current Block
~10 minutesBlock Time
USD undefinedExchange Rate
USD 0.00 BMarket Cap
0.00 TDifficulty
Bitcoin News
Bitcoin mining. Image: Shutterstock
Business

Bitcoin Mining Profitability Is Near an All-Time Low—Why?

Although the Bitcoin network’s fourth ‘halving’ event occurred more than two months ago, its repercussions have continued to impact Bitcoin miners, making the industry’s profit margins tighter than ever. According to Hashrate Index, Bitcoin’s “hash price” tapped an all-time low on May 1, falling to just $44.76 per petahash/second (PH/s), per day. The metric quantifies how much money a miner can expect to earn daily at a specific hash rate. Bitcoin “hash rate” is the rate at which Bitcoin miners...

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Apr 22, 2024

Bitcoin is the leading crypto asset by market cap. Image: Created by Decrypt using AI

Markets

Bitcoin Price Reclaims $66,000, Ethereum Sees Modest Gains After BTC Halving

Bitcoin and Ethereum, which experienced a spate of last-minute volatility ahead of the BTC halving on Friday, have since recovered from their roller coaster ride. At the time of writing, the Bitcoin price is up 1.6% in the past day, hovering around $66,000 after having reclaimed that milestone for the first time in a week. The cryptocurrency's block reward halving, which occurred on Friday, saw the reward paid to Bitcoin miners reduced from 6.25 to 3.125 BTC. Although it's usually the catalyst f...

by Stacy Elliott ·

Apr 22, 2024

The Bitcoin halving. Image: Decrypt

Technology Guides

What Is the Bitcoin Halving? How Bitcoin's Supply Is Limited

Earn a free on-chain NFT by taking our course, "Bitcoin Halving 101: What it Means for Miners and Investors." Every four years, the amount of Bitcoin doled out to cryptocurrency miners halves in a process imaginatively known as the Bitcoin halving (or halvening, though the term has fallen out of favor in recent years). Here’s why—and how—it works. Bitcoin’s supply limit To understand the Bitcoin halving, we must first understand the theory behind its supply. The inventor of Bitcoin, Satoshi Naka...

by Matt Hussey, Ki Chong Tran, Stephen Graves ·

Apr 21, 2024

Image: PowerUp/Shutterstock

Coins

This Week on Crypto Twitter: Bitcoin Halving Anticipation to Elation—Then Back to Work

Illustration by Mitchell Preffer for Decrypt It was a rollercoaster week for Bitcoin and the broader crypto landscape, with most eyes fixed on the quadrennial Bitcoin halving finally executing early Saturday morning, on 4/20. Monday brought an encouraging rebound after a weekend dip. As expected, Hong Kong joined the digital asset ETF party, approving Bitcoin and Ethereum spot ETFs. Latest on HK spot Bitcoin ETFs: They have been approved to exist but not launch (yet). Rumor has it launching nex...

by Ryan Ozawa ·

Apr 21, 2024

Image created by Decrypt using AI

Markets

Solana, Ethereum Meme Coin Prices Blast Off as Bitcoin Stays Steady After Halving

The latest Bitcoin halving took place late Friday, cutting miner rewards in half for the fourth time in history—but BTC itself is hardly the biggest winner in the crypto markets this weekend. Instead, it’s meme coins leading the charge, with some prominent tokens marking sizable double-digit percentage jumps in the last day. Dog-themed coins are the biggest winners so far this weekend, with the Solana-based BONK charting a massive 37% jump in price over the last 24 hours alone, jumping to a curr...

by Andrew Hayward ·

Apr 21, 2024

Image created by Decrypt with AI.

Coins

When Is the Next Bitcoin Halving?

Bitcoin’s latest halving event has happened. Are you ready for the next one?  The much-talked about quadrennial event baked into Bitcoin’s code happens every four years, approximately. The first one took place in November 2012, the second in July 2016, the third in May 2020, and the latest was just on Friday—April 19, 2024. And with the fourth one down, the next one is already scheduled when another 210,000 blocks are mined—which is expected sometime in 2028, though the exact month and date will...

by Mat Di Salvo ·

Apr 20, 2024

Image created by Decrypt with AI.

Coins

What's Next for Bitcoin After the Halving?

Welcome to Bitcoin’s fifth epoch. Following the network’s programmed reduction in newly issued Bitcoin, a new era of digital scarcity has been ushered in. Like clockwork on Friday, the reward that miners earn for validating Bitcoin transactions was slashed in half for the fourth time since the blockchain’s launch. Bitcoin’s so-called halving occurred at just after 8pm ET on Friday. As a result, miners will earn 3.125 BTC per block created until some time likely in 2028. It’s part of miners’ dues...

by André Beganski ·

Apr 20, 2024

Bitcoin's price is up. Image: Shutterstock

Coins

This Week in Coins: Bitcoin Halving Happens But BTC Doesn't Budge After a Dramatic Week

Illustration by Mitchell Preffer for Decrypt. The long-anticipated halving event took place on 4/20 and after all the hype and speculation, Bitcoin is...sitting pretty still. CoinGecko shows that the top coin's price stands at $64,041, after dropping by 5% in seven days. Over the past 24 hours—which included the fourth reduction in mining rewards since the birth of BTC—it hasn't moved at all. It's still been a dramatic week for the biggest digital asset by market cap after it got battered last w...

by Mat Di Salvo ·

Apr 20, 2024

Image created by Decrypt with AI.

Coins

Bitcoin Halving Is Here: Crypto Twitter Reacts

The highly anticipated Bitcoin halving has arrived, and the Bitcoin faithful cheered the event, with many declaring a new era in Bitcoin—particularly as the new Runes protocol came online as well. Anticipation around the halving has steadily grown since the start of the new year. In January, after the SEC approved the first set of Bitcoin ETFs, fuel was added to the fire, and investors began speculating what the fourth halving would mean for the price of the number one cryptocurrency. Heading in...

by Jason Nelson ·