Previous Bitcoin Halvings: Dates, Blocks, and Impact
The reward for miners is reduced once every four years. Let's take a look at how this has happened in the past:
November 28, 2012 (block 210,000)
At the time of the first block reward halving, the BTC price was around $12. Six months later, the price had risen to almost $110, and interest in the asset began to grow rapidly.
July 9, 2016 (block 420,000)
When the second Bitcoin halving occurred, the price was at $660. Six months later, BTC stood at around $900.
May 11, 2020 (block 630,000)
On the day of the third reduction in issuance, Bitcoin was worth $8,600. Six months later, it rose to $15,700, triggering a new bullish wave in the market.
April 20, 2024 (block 840,000)
When the last Bitcoin halving occured, the price reached $64,262. There was no sharp jump, but the value of the cryptocurrency renewed its all-time high in May 2025, reaching $109,400.
Tracking the Next Halving
It is impossible to determine the exact timing, as it all depends on how quickly blocks are mined.
Expected date and block height
The next reward halving is predicted to occur on May 24, 2028, when block 1,050,000 is reached. After that, miners will receive 1.5625 BTC.
Where to watch the countdown to halving?
You can monitor the date on the following services:
- NiceHash Countdown
- CoinMarketCap Halving Countdown
- BitcoinHalving.com
- Coingecko.com
These sites help you find out when Bitcoin halving will occur, show the current and future payout amounts to miners, and the exact block height.
How Does Halving Affect Bitcoin and Users?
The effect spreads to the entire Bitcoin ecosystem.
Issuance and reward: what changes?
Halving reduces the rate of issuance — fewer new Bitcoins are created. Since the network was launched, the reward has been reduced from 50 BTC to 3.125 BTC. The goal is to issue no more than 21 million coins.
How do the market and price react?
Historically, the first cryptocurrency has grown after halvings, as a decrease in supply amid stable or growing demand puts pressure on the price. However, the market may start to react prior to the event, so investors should find out in advance when the next Bitcoin halving takes place.
What happens to miners?
The income of crypto miners decreases. Many stop mining, causing its overall computing power to drop. However, the system quickly adapts and continues to work with those who remain.
What Should ObmenAT24 Customers Know Before Halving?
We explain how to prepare for this key event in the Bitcoin network.
When is it more profitable to buy or sell BTC?
Buying before halving can be profitable if you are counting on long-term growth. After the event, the price sometimes falls due to market correction, which can be another good time to buy. Selling is profitable at the peak of the hype, which often occurs in the following 6-18 months.
The impact of halving on the BTC/USDT exchange rate
With stable demand, halving leads to an increase in BTC against USDT. However, the rate can be volatile due to macroeconomic factors. We recommend following the news and charts to choose the right moment.