Bitcoin halving 2028
The next Bitcoin halving is expected around April 2028 at block 1,050,000. Below is a live countdown, what changes, and what miners, investors and companies should review before it arrives.
Live countdown
The block reward drops from 3.125 to 1.5625 BTC at block 1,050,000.
History
| Date (UTC) | Block | Reward after |
|---|---|---|
| November 28, 2012 | 210,000 | 25 BTC |
| July 9, 2016 | 420,000 | 12.5 BTC |
| May 11, 2020 | 630,000 | 6.25 BTC |
| April 20, 2024 | 840,000 | 3.125 BTC |
| Around April 2028 (estimate) | 1,050,000 | 1.5625 BTC |
Before the halving
Revenue per unit of hashrate falls when the reward is cut in half. Review hosting, power and equipment-financing agreements for minimum-revenue, curtailment, termination and price-reset terms tied to bitcoin’s price or mining revenue.
SEC staff have said that protocol mining on proof-of-work networks is generally not a securities transaction. That view does not cover everything. Cloud-mining plans, hosting programs or pooled mining investments sold to investors can still raise securities issues. See the SEC’s crypto assets statements.
Halvings attract “halving-themed” token launches, presales and mining investment pitches. Check who is behind them and how returns are promised. See our Scam Watch.
Texas created a Strategic Bitcoin Reserve in 2025, and the Comptroller named its advisory committee in May 2026. The Digital Infrastructure Network (formerly the Texas Blockchain Council) represents the state’s mining and energy industry.
FAQ
At block 1,050,000, expected around April 2028. The exact date depends on how fast blocks are mined, so the countdown above updates from live block data.
It drops from 3.125 BTC to 1.5625 BTC per block. Transaction fees are not halved.
No. The halving schedule is how the cap is reached. The last new bitcoin is expected to be issued around 2140.
It depends on the terms. Many contracts have revenue thresholds, curtailment rights or termination triggers that a halving can set off. Review them before 2028.
We advise miners, hosting providers, investors and companies on contracts, financing and regulatory exposure.
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