The last Bitcoin halving occurred on April 19, 2024, marking a pivotal moment in cryptocurrency history. This event reduced mining rewards from 6.25 BTC to 3.125 BTC per block, continuing Bitcoin'sThe last Bitcoin halving occurred on April 19, 2024, marking a pivotal moment in cryptocurrency history. This event reduced mining rewards from 6.25 BTC to 3.125 BTC per block, continuing Bitcoin's
When Was the Last Bitcoin Halving Date and What Happened
The last Bitcoin halving occurred on April 19, 2024, marking a pivotal moment in cryptocurrency history.
This event reduced mining rewards from 6.25 BTC to 3.125 BTC per block, continuing Bitcoin's programmed scarcity model.
In this guide, you'll discover when the last Bitcoin halving happened, how it impacted prices, what makes each halving unique, and when to expect the next one.
- For a complete Bitcoin overview, see our ultimate guide to Bitcoin (BTC) for beginners.
Key Takeaways
- The last Bitcoin halving occurred on April 19, 2024, cutting block rewards from 6.25 BTC to 3.125 BTC.
- Bitcoin has undergone four halvings since its 2009 launch, with each event reducing mining rewards by 50%.
- The 2024 halving was unique as Bitcoin reached its all-time high of $73,000 before the event due to spot ETF approvals.
- Historical data shows Bitcoin prices rose 384% to 2,824% in the year following previous halvings, though past performance doesn't guarantee future results.
- The next halving is projected for April 2028 at block 1,050,000, when rewards will drop to 1.5625 BTC.
- By 2032, approximately 98% of all Bitcoin will have been mined, with the final coin expected around 2140.
When Was the Last Bitcoin Halving Date
The last Bitcoin halving took place on April 19, 2024, at block height 840,000.
This fourth halving event cut the block reward miners receive from 6.25 BTC to 3.125 BTC, reducing the daily Bitcoin supply from approximately 900 BTC to 450 BTC.
On the halving day, Bitcoin was trading around $64,994, though the price had already reached an all-time high of roughly $73,000 in March 2024.
This pre-halving surge made the 2024 event different from previous cycles, largely driven by the approval of spot Bitcoin ETFs that began trading four months earlier.
The price experienced volatility in the weeks following the halving, with consolidation and retracement before later surging again after the 2024 US presidential election.
Bitcoin Halving History: When Was the Last Halving
Bitcoin's halving mechanism has shaped its economics since the network's launch in 2009, creating a predictable deflationary model that sets it apart from traditional currencies.
1. First Bitcoin Halving: November 28, 2012
The first halving reduced the block reward from 50 BTC to 25 BTC at block height 210,000.
Bitcoin was trading at approximately $12 on the halving day, representing the cryptocurrency's early adoption phase when few understood its potential.
By November 2013, roughly one year later, Bitcoin's price had surged to around $1,000, demonstrating the halving's impact on scarcity and demand.
2. Second Bitcoin Halving: July 9, 2016
The second halving occurred at block 420,000, cutting rewards from 25 BTC to 12.5 BTC.
Bitcoin was trading around $650 on July 9, 2016, as the cryptocurrency gained mainstream attention despite remaining a relatively niche investment.
The halving preceded a sustained bull run that propelled Bitcoin to its then all-time high of nearly $20,000 by the end of 2017.
3. Third Bitcoin Halving: May 11, 2020
The third halving reduced rewards from 12.5 BTC to 6.25 BTC at block 630,000.
Bitcoin's price surged from around $6,900 in April 2020 to approximately $8,800 at the halving event itself.
Widespread institutional adoption began taking shape around late 2020, with the cryptocurrency's price continuing to rise over the following year and reaching over $60,000 in March 2021.
4. Fourth Bitcoin Halving: April 19, 2024
The most recent halving dropped rewards from 6.25 BTC to 3.125 BTC at block 840,000.
This event was unique because Bitcoin reached a new all-time high in March 2024 before the actual halving, likely caused by the approval of spot Bitcoin ETFs.
The price was approximately $64,994 on halving day, with 150 days later seeing Bitcoin trading around $60,253, showing a different pattern than previous cycles.
How Bitcoin Halving Affects Price and Mining
Bitcoin halvings create supply shocks that historically correlate with price increases, though the 2024 event showed markets can price in anticipated scarcity differently than before.
The halving reduces new Bitcoin entering circulation by 50%, dropping daily supply from roughly 900 BTC to 450 BTC after the 2024 event.
Historical data shows Bitcoin prices rose significantly after each halving, with increases ranging from 384% to 2,824% in the year following previous events, though past performance doesn't guarantee future results.
For miners, halvings present profitability challenges as their rewards are cut in half while operational costs for electricity and hardware remain constant or increase.
Less efficient miners may shut down operations after halvings, potentially causing temporary decreases in network hashrate and processing power.
Transaction fees become increasingly important for miners as block rewards diminish, with these fees expected to sustain mining incentives after all 21 million Bitcoin are mined around 2140.
The reduced mining rewards may encourage miners to seek cheaper energy sources, potentially lowering Bitcoin's environmental impact over time as operations become more energy-efficient.
When Is the Next Bitcoin Halving?
The next Bitcoin halving is projected to occur around April 2028 at block height 1,050,000.
This fifth halving will reduce the block reward from 3.125 BTC to 1.5625 BTC, further decreasing the rate at which new Bitcoin enters circulation.
The exact date cannot be predicted with certainty because halvings depend on block height rather than calendar dates, with the network targeting an average of one block every ten minutes.
Future halvings will continue every 210,000 blocks until all 21 million Bitcoin have been mined, which is expected to happen around the year 2140.
By 2032, approximately 98% of all Bitcoin will have been mined, demonstrating how dramatically the emission rate slows with each successive halving.
After the final Bitcoin is mined, the network will rely entirely on transaction fees to compensate miners for securing the blockchain and validating transactions.
Frequently Asked Questions
When was the last Bitcoin halving?
The last Bitcoin halving occurred on April 19, 2024, at block height 840,000.
When was the last halving of Bitcoin?
Bitcoin's most recent halving happened on April 19, 2024, reducing block rewards to 3.125 BTC.
When was the last Bitcoin halving event?
The fourth Bitcoin halving event took place on April 19, 2024.
What happens during a Bitcoin halving?
The mining reward for adding new blocks to the blockchain is cut in half, reducing the supply of new Bitcoin entering circulation.
How many Bitcoin halvings have occurred?
Four Bitcoin halvings have occurred since the network launched in 2009, in 2012, 2016, 2020, and 2024.
Does Bitcoin halving increase price?
Historically, Bitcoin prices have risen after halvings due to reduced supply, though past performance doesn't guarantee future results.
Conclusion
The last Bitcoin halving took place on April 19, 2024, marking the fourth time mining rewards have been reduced since Bitcoin's creation.
These halvings are fundamental to Bitcoin's scarcity model, ensuring the total supply never exceeds 21 million coins.
With the next halving expected around April 2028, these predictable events continue shaping Bitcoin's economics and attracting investor attention.
Understanding when Bitcoin halvings occur helps investors and miners prepare for these significant milestones in cryptocurrency's evolution.
- Want to learn more? Read our comprehensive What is Bitcoin (BTC) guide for the full picture.
- When is the next Bitcoin halving? Everything explained.
Market Opportunity
ELYSIA Price(EL)
$0.001279
$0.001279$0.001279
USD
ELYSIA (EL) Live Price Chart
This article is provided by MEXC Editorial Team for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets involve significant risk. Please conduct independent research or consult a qualified professional before making any investment decisions. The views expressed do not necessarily represent those of MEXC or its affiliates.
Related Articles
View More
MEXC On-Chain Daily Report: NYSE Chooses Avalanche for Tokenized Securities Clearing — Will Wall Street Move On-Chain Faster?
Updated: November 10, 2026, 09:30 (UTC+8) | Author: MEXC Headlines River Markets affiliate completes CFTC futures commission merchant registration Qivalis receives electronic money institution
MEXC On-Chain Daily Report: Square Bitcoin Payments to Reach Over 4 Million Merchants — Will Bitcoin Payments Enter Mainstream Commerce Faster?
Updated: November 9, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Square Bitcoin payments to reach more than 4 million merchants b14g has recovered about 70.2% of the stolen CORE Russia to implement
Will Anthropic Join the Nasdaq-100 or the S&P 500? How Index Inclusion Works for ANT
Every large IPO brings the same follow-up question: will index funds have to buy it? For Anthropic, the answer depends on two very different rulebooks, the Nasdaq-100's and the S&P 500's. This guide
Popular Articles
View More
Oura Competitors: Samsung, Apple and the Smart Ring Market
Oura's competitors fall into three groups, according to its IPO prospectus: smartwatch makers such as Apple, Google and Samsung; fitness wearables such as Garmin, Coros and Whoop; and software-only
Is Oura Profitable? Revenue, Business Model and Valuation
Yes, Oura is profitable on a net income basis. Its IPO prospectus shows net income of $60.8 million on revenue of $1.21 billion in the nine months to June 30, 2026. The $924.3 million loss in some
Oura IPO 2026: Date, Price, Valuation and How to Trade OURA
Oura, the company behind the Oura Ring, is expected to price its U.S. initial public offering during the week of September 28, 2026 and list on the Nasdaq Global Select Market under the ticker OURA.
Hot Crypto Updates
View More
Red Sea Tensions Return as Houthi Threats Put Oil Shipping Costs at Risk
Overview Red Sea tensions have returned to the centre of global market attention because the risk is no longer confined to isolated attacks on individual vessels. Investors are now considering the
Crypto Exchange Netflows: 15,600 BTC Pulled in 7 Days as Supply Squeeze Looms
Overview Across the latest seven-day tracking window in early November 2026, on-chain capital flows across major centralized exchanges (CEXs) diverged sharply both between competing trading venues
U.S. October Inflation Tops Expectations as Rate Expectations Are Repriced【MEXC Alpha Trader – Daily Market Brief (November 11, 2026)】
I. Macro & Market Sentiment · Market Data: BTC $73,528.00 (-1.93%)｜ETH $2,052.19 (-3.31%)｜SOL $83.14 (-3.44%) · Market Sentiment: Funding Rate +0.0097%｜Fear & Greed Index 29 (Fear) · Inflation: U.S.
Trending News
View More
Why Is Eli Lilly Stock Surging? The Numbers Behind LLY’s Record High
Eli Lilly stock hit a record high after earnings. See what drove the rally, what the headline numbers hide and what LLY investors should watch.
Does the Binance Security Incident Put Your Ethereum Wallet at Risk? EIP-7702 and Wallet Delegation Explained
The Binance security incident on October 30, 2026 has pushed a relatively technical Ethereum feature into a much broader security discussion: EIP-7702 wallet delegation. For ordinary Ethereum users, h
Sign Up & Receive Up to 10,000 USDT Bonus
Join the MEXC Community
Get the latest listings, events, and updates in real time, straight from our official Telegram channel.
25k+ members
