Bitcoin halving explained: at block 1,050,000 the reward drops to 1.5625 BTC

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The Bitcoin halving cuts the miners' reward every 210,000 blocks, most recently in April 2024 to 3.125 BTC. This explainer works through issuance per epoch up to just under 21 million and shows when the next halving at block 1,050,000 is due.Every 210,000 blocks, the reward for Bitcoin miners is cut in half.Add as a preferred source on GoogleFollow on Google NewsThe Bitcoin halving is the cut, hard-coded into the protocol, in the reward miners receive for each new block. It happens every 210,000 blocks, roughly every four years. Since the last halving in April 2024, each block has created 3.125 new Bitcoin; from block 1,050,000, at today's pace in spring 2028, it will be only 1.5625 BTC. This explainer shows how the halving works technically, works through issuance per epoch up to the cap of just under 21 million BTC and sets out what the halving means for miners and for the market. It contains no price promise. What is the Bitcoin halving? The block reward is cut in half every ...