A bitcoin halving (or "halvening") is an event in which the reward for mining new blocks is halved, meaning miners receive 50% less bitcoins for verifying transactions.


Event - Date - Block Number - Block Reward


Bitcoin Launch - January 3, 2009 - Genesis Block - 50 New BTC

First halving - November 28, 2012 - 210,000 - 25 new BTC

Second halving - July 9, 2016 - 420,000 - 12.5 new BTC

Third halving - May 8, 2020 - 630,000 - 6.25 new BTC

Fourth halving - April 19, 2024 - 740,000 - 3,125 new BTC

Fifth halving - Scheduled for 2028 - 850,000 - 1.5625 new BTC