Halving Dates Bitcoin

24 may 2020 165412 and this time the bitcoins block reward will get reduced from 125 btc to 625 btc for the next 210000 blocks. However keep in mind that the date of bitcoins reward reduction is not decided by the normal calendar but by the number of blocks that have been mined.

1 Bitcoin Halving 2020 Countdown Date Eta Btc Clock

Halving Bitcoin Dates

Every 210000 blocks in the blockchain which takes about four years at 10 minutes per block the mining reward is cut in half. Bitcoin has a limited supply of 21 million bitcoins which means that it is not possible to provide mining rewards forever.

1 Bitcoin Halving 2020 Countdown Date Eta Btc Clock

Bitcoin Halving Dates Chart

The third bitcoin halving is taking place in 2020 and will cut the block reward to 625 bitcoins per block. This makes 81 of the total number of bitcoins that can ever be mined.